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Tower Semiconductor Ltd (TSEM.OQ)

TSEM.OQ on NASDAQ Stock Exchange Global Select Market

33.73USD
15 Dec 2017
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Thu, Nov 30 2017

UPDATE 1-TowerJazz sets $3.5 bln long-term annual revenue target

JERUSALEM, Nov 30 Israeli chipmaker TowerJazz has told analysts it has set a long-term annual revenue target of $3.5 billion as it sees growing demand for chips used in cars and sensors, the company said on Thursday.

UPDATE 1-Japan royalties help to drive profits higher for TowerJazz

* Boosted by revenue from partnerships (Adds comments from CEO, analyst, details, share reaction)

Israeli chipmaker TowerJazz Q3 profit up more than forecast

TEL AVIV, Nov 7 Israeli chip manufacturer TowerJazz reported higher quarterly net profit that topped estimates on Tuesday and forecast an 11 percent rise in 2017 full-year revenue.

BRIEF-Towerjazz and Yuanchen Microelectronics announce partnership for Backside Illumination manufacturing in Changchun, China

* Towerjazz and Yuanchen Microelectronics announce partnership for Backside Illumination (BSI) manufacturing in Changchun, China

'We'll pay nothing': TowerJazz seeks growth with minimal investment

MIGDAL HA'EMEK, Israel Executives at Panasonic were surprised when Russell Ellwanger, CEO of Israeli chipmaker TowerJazz , asked to partner in three of their factories without putting any cash on the table.

'We'll pay nothing': TowerJazz seeks growth with minimal investment

MIGDAL HA'EMEK, Israel, Oct 4 Executives at Panasonic were surprised when Russell Ellwanger, CEO of Israeli chipmaker TowerJazz, asked to partner in three of their factories without putting any cash on the table. "They had said that to do the deal it would be between a $300 million and $400 million cost for us," he told Reuters in an interview. "I said, 'No, we want to do this deal ... but we will pay nothing'." Instead Ellwanger sealed the joint venture with what he characterised as

Israel's TowerJazz to set up China chip plant with Tacoma Semi

JERUSALEM Israeli chipmaker TowerJazz is linking up with Tacoma Semiconductor Technology Co to establish a fabrication plant in Nanjing, China to make 8-inch wide wafers, as it seeks a foothold in the world's second-largest economy.

Israel's TowerJazz to set up China chip plant with Tacoma Semi

JERUSALEM, Aug 21 Israeli chipmaker TowerJazz is linking up with Tacoma Semiconductor Technology Co to establish a fabrication plant in Nanjing, China to make 8-inch wide wafers, as it seeks a foothold in the world's second-largest economy.

BRIEF-Towerjazz and Tacoma announce partnership for new fabrication facility in Nanjing, China

* Towerjazz and Tacoma announce a partnership for a new 8-inch fabrication facility in Nanjing, China; Tower received first milestone payment of $18 million net

UPDATE 1-Israeli chipmaker TowerJazz's Q2 profit rises as forecast

JERUSALEM, Aug 3 Israeli microchip maker TowerJazz reported a more than 20 percent rise in second-quarter net profits on Thursday and said it was on track for record revenues in the current quarter, in line with analysts' forecasts as demand continues to grow across its product range.

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