Last 6,149
Change Today +150.00 / 2.50%
Volume 385.7K
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Tel Aviv
As of 7:45 AM 01/28/15 All times are local (Market data is delayed by at least 15 minutes).

tower semiconductor ltd (TSEM) Snapshot

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01/28/15 - $6,155
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01/28/14 - $2,040
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tower semiconductor ltd (TSEM) Details

Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures analog intensive mixed-signal semiconductor devices in the United States, Asia, and Europe. It produces integrated circuits (IC) primarily based on third party designs and proprietary designs with geometries ranging from 1.0 to 0.11 micron, as well as provides design and technical services. The company also offers a range of customizable process technologies, including SiGe, BiCMOS, mixed-signal and RFCMOS, CMOS image sensor, power management, and non-volatile memory, as well as MEMS capabilities. Its ICs are used in a range of products in various markets, including consumer electronics, personal computers, communications, automotive, industrial, and medical device products. The company offers its foundry services to fabless semiconductor companies and independent device manufacturers. Tower Semiconductor Ltd. was founded in 1993 and is headquartered in Migdal Haemek, Israel.

Founded in 1993

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tower semiconductor ltd (TSEM) Key Developments

Fairchild Semiconductor Starts Mass Production at Tower Semiconductor Ltd.'s TowerJazz Panasonic Semiconductor Fabrication Facility in Tonami, Japan

Tower Semiconductor Ltd. announced that Fairchild Semiconductor has started mass production at TowerJazz Panasonic Semiconductor Co.'s (TPSCo's) fabrication facility in Tonami, Japan. This is a process transfer from Fairchild of their discrete devices for the industrial and consumer markets. TowerJazz's TOPS business model enables its customers to transfer their process flows into TowerJazz's worldwide manufacturing facilities, providing them with needed capacity, manufacturing flexibility and competitive cost.

Tower Semiconductor Ltd. to Redeem $45 Million Senior Notes Originally Due June 30, 2015

Tower Semiconductor Ltd. announced that the company has decided to early redeem its approximately $45 million 8% coupon senior notes originally due June 30, 2015. In accordance with the indenture dated as of July 15, 2010, the company can early redeem these notes in its discretion, and save future interest accruals and payments. The notes will be redeemed on January 7, 2015, causing all of the outstanding 8% senior notes due June 2015 to become fully repaid as of such date. In accordance with the indenture, the redemption price is 102% of the outstanding principal amount, together with accrued and unpaid interest thereon. As a result, the company will save approximately $1.7 million of interest payments that otherwise would accrue and be paid during 2015.

Tower Semiconductor Ltd. Presents at 17th Annual Needham Growth Conference, Jan-13-2015 04:10 PM

Tower Semiconductor Ltd. Presents at 17th Annual Needham Growth Conference, Jan-13-2015 04:10 PM. Venue: New York Palace Hotel, 455 Madison Avenue, New York, New York, United States. Speakers: Russell C. Ellwanger, Chief Executive Officer, Chairman of Tower Semiconductor USA Inc, Chairman of Jazz Technologies Inc and Chairman of Jazz Semiconductor Inc.


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