Tower Semiconductor Ltd (Tower Semiconductor) is a technology company that manufactures and distributes integrated circuits. The company’s products include process design kits, design flows and IP solutions. It offers services such as design center services, design enablement, process services, customer support and multi-project wafer shuttles services, among others. TowerJazz’s technologies comprise RF and HPA, power management, CMOS image sensor, MEMS and mixed-signal or CMOS. The company serves consumer, automotive, medical, industrial, aerospace and defense and other industries. Tower Semiconductor is headquartered in Migdal Haemek, Israel.
Headquarters
Israel
Address
P.O. Box 619, Migdal Haemeq, 2310502
Website
towersemi.com
Telephone
972 4 6506611
No of Employees
5,613
Industry
Technology and Communications
Ticker Symbol & Exchange
TSEM (TLV)
Revenue (2022)
$1.4B
-15.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
96%
(2022 vs 2021)
Market Cap*
$3.5B
Net Profit Margin (2022)
XYZ
131.1%
(2022 vs 2021)
* As of and is in US$
Tower Semiconductor Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Products | Design Center Services |
| Analog Integrated Circuits | Design Star Awards Program (DSAP) |
| Customer Support | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the company announced a collabration with Tianyi Micro to create next-generation OLED microdisplays for AR/VR. |
| 2024 | Contracts/Agreements | In January, the company entered into a collaboration with Renesas to power its high-volume and high-performance SiGe BiCMOS technology to develop SiGe-based beamforming ICs. |
| 2023 | Plans/Strategy | In October, the company announced its plans to be acquired by Reliance Industries. |
Competitor Comparison
| Key Parameters | Tower Semiconductor Ltd | Broadcom Inc | Texas Instruments Inc | United Microelectronics Corp | Semiconductor Manufacturing International Corp |
|---|---|---|---|---|---|
| Headquarters | Israel | United States of America | United States of America | Taiwan | China |
| City | Migdal Haemeq | San Jose | Dallas | Hsinchu | Shanghai |
| State/Province | - | California | Texas | - | Shanghai |
| No. of Employees | 5,613 | 20,000 | 34,000 | 19,426 | 20,223 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Amir Elstein | Chairman | Executive Board | 2009 | - |
| Russell Ellwanger | Director; Chief Executive Officer | Executive Board | 2005 | - |
| Oren Shirazi | Chief Financial Officer; Senior Vice President - Finance | Senior Management | 2004 | - |
| Rafi Mor | Chief Operating Officer | Senior Management | 2014 | - |
| Guy Eristoff | Senior Vice President; Chief Strategy Officer | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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