$197.62
+10.55(5.64%)
Mkt Cap $22.1B
$29.65
$197.80
52-Week Range
At a Glance
AI-generated6-K
Tower Semiconductor announced a strategic restructuring of its Japan operations under TPSCo, taking full ownership of the 300mm Fab 7 facility while Nuvoton's NTCJ takes full ownership of the 200mm Fab 5, supported by mutual long-term supply agreements. The company plans to expand 300mm capacity up to four times current levels, contingent on METI subsidy approval, to meet strong demand in photonics and optical platforms.$22.1B
Market Cap
$1.6B
Revenue
$225M
Net Income
Employees5,613
Fundamentals
How The Business Makes Money
Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures and markets analog intensive mixed-signal semiconductor devices in the United States, Japan, other Asia countries, and Europe. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS. The company also offers wafer fabrication services and design enablement platform for design cycle, as well as transfer optimization and development process services to integrated device manufacturers and fabless companies. It serves various markets, such as consumer electronics, personal computers, communications, automotive, industrial, aerospace, military, and medical device products. The company was incorporated in 1993 and is headquartered in Migdal Haemek, Israel.
Industry Semiconductors
Activity
What Changed Recently
Company Profile
CIK0000928876
ISINIL0010823792
CUSIPM87915274
Phone972 4 650 6611
AddressRamat Gavriel Industrial Park, Migdal Haemek, 2310502, IL
SEC EDGAR