Tower Semiconductor

Nano Dimension Announces Record 2023 Revenue of $56.3 Million and Organic Growth of 29%

Retrieved on: 
Thursday, March 21, 2024
Research, Service provider, Attention, ROI, Senior, RET, Tower Semiconductor, Initiative, AME, Share repurchase, Sale, 3D, Acquisition, G&A, Aviation, Multi, ADS, Record, Nano, Robotics, Annual general meeting, PCB, Vice president, Workforce, Patent, 3D printing, Fraunhofer Society, Marketing, Corporate development, Human, Army, Printing, Video game

WALTHAM, Mass., March 21, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”), today announced financial results for the fourth quarter and full year ended December 31st, 2023.

Key Points: 
  • Nano Dimension has a breadth of technologies and products assortment, yet narrow and focused span of synergistic vertical markets.
  • It is specifically designed to enable Nano Dimension to become operating income positive in 2025, and potentially cash flow positive earlier.
  • As an example, Q4/2023’s $14.5 million in revenue was 19% higher than the same period in the year before.
  • With close to $56.3 million of revenue, Nano Dimension is the fastest growing of the cohort of publicly traded AM / 3D printing companies (approximately 10-12).

Tower Semiconductor to Participate at OFC 2024 Highlighting Company’s Recent Developments in Silicon Germanium and Silicon Photonics Technologies

Retrieved on: 
Thursday, March 21, 2024
Germanium, HPA, Tower Semiconductor, High-pass filter, SATCOM, AI, Silicon, Silicon–germanium, San Diego Convention Center

MIGDAL HAEMEK, Israel, March 21, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced its participation at upcoming 2024 OFC conference to be held March 26th - 28th in the San Diego Convention Center, California.

Key Points: 
  • MIGDAL HAEMEK, Israel, March 21, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced its participation at upcoming 2024 OFC conference to be held March 26th - 28th in the San Diego Convention Center, California.
  • The company will showcase its advanced Silicon Germanium and Silicon Photonics platforms, as well as recent technology developments providing cutting-edge solutions supporting the growing demands of AI, quantum computing, datacenters, and next-generation telecom networks.
  • This platform is also well suited for high performance low-power wireless applications such as 5G, mmwave, automotive radar and SatCOM.
  • To meet with Tower’s engineering team during the conference, visit the Company’s booth #4608.

Tower Semiconductor Awarded by Northrop Grumman for Supplier Excellence

Retrieved on: 
Wednesday, March 20, 2024
NOC, Department of Defence, Tower Semiconductor, Grumman, Global Operations, Defense, Corporation

MIGDAL HAEMEK, Israel, March 20, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced that Northrop Grumman Corporation (NYSE:NOC) has recognized Tower Semiconductor during the company’s Supplier Excellence Awards.

Key Points: 
  • MIGDAL HAEMEK, Israel, March 20, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced that Northrop Grumman Corporation (NYSE:NOC) has recognized Tower Semiconductor during the company’s Supplier Excellence Awards.
  • “Tower Semiconductor has helped to advance national security solutions and achieve mission success,” said Matt Bromberg, Corporate Vice President, Global Operations Northrop Grumman.
  • “Northrop Grumman’s supplier partners connect and protect the warfighter, defining what is possible in the battlespace because of our shared commitment to the highest industry standards across the defense industrial base.”
    Recognized for Strategic Excellence, Tower Semiconductor was instrumental in aiding Northrop Grumman with manufacturing and distribution goals as the industry works to support Department of Defense customers and other commercial entities.
  • “We are honored to receive this recognition from Northrop Grumman, underscoring our dedication to excellence and ongoing efforts to support our customers in achieving their mission-critical goals," said Mike Scott, Senior Director, Tower Semiconductor USA Aerospace & Defense.

Coherent Awards Tower Semiconductor as an Outstanding Innovation and Technology Supplier for Silicon Photonics based Products

Retrieved on: 
Monday, March 18, 2024
Innovation, Tower Semiconductor, Growth, Laser, AI, Silicon, Data center, Coherent Corp., Tower, Microscope

PITTSBURGH, PA, and MIGDAL HAEMEK, Israel, March 18, 2024 – Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, and Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced that Coherent has recognized Tower Semiconductor as an Outstanding Innovation and Technology Supplier for its silicon photonics based optical transceiver products.

Key Points: 
  • PITTSBURGH, PA, and MIGDAL HAEMEK, Israel, March 18, 2024 – Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, and Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced that Coherent has recognized Tower Semiconductor as an Outstanding Innovation and Technology Supplier for its silicon photonics based optical transceiver products.
  • This prestigious award recognizes Tower’s unwavering long-term commitment to providing the most advanced technology solutions, enabling the development of Coherent’s market-leading multiple data rate nodes for high-speed optical transceivers based on Tower’s PH18 silicon photonics process technology.
  • “Over the years, Tower has demonstrated an innovative, customer-centric approach, which prompted us to select them for our ‘Outstanding Innovation and Technology Supplier’ Award.
  • “Together, we look forward to enabling best-in-class optical transceiver products today and for several generations to come.”
    For additional information about Tower Semiconductor’s silicon photonics technology offerings, please visit here .

Semtech's Latest Innovations Empower Carriers to Navigate Seismic Shifts in Content Consumption Enabling New Levels of Service and Revenue Capabilities

Retrieved on: 
Tuesday, March 26, 2024
Semiconductor, IOT (Internet of Things), Technology, Software, Networks, Internet, Hardware, Optical line termination, TIA, Tower Semiconductor, Semtech, Internet of things, Corporation, ONU, PON, PMD, Multimedia

This will enable whole new levels of service and revenue capabilities for carriers.

Key Points: 
  • This will enable whole new levels of service and revenue capabilities for carriers.
  • It helps carriers to increase their capacity to guarantee bandwidth for high-use, high-requirement customers (at a premium), North American carrier interest is strong.
  • Semtech extends its gratitude to Tower Semiconductor for their indispensable support in producing these samples for OFC.
  • The GN7060 and GN7065 TIAs underscore Semtech's commitment to innovation, providing compliant burst mode timing with high sensitivity and efficiency.

Zacks Launched the Israel 150 Platform

Retrieved on: 
Tuesday, March 12, 2024
Research, Protalix BioTherapeutics, Tower Semiconductor, Zacks, Enlight Renewable Energy, Geography, Eltek, Cryptocurrency

CHICAGO, March 12, 2024 /PRNewswire/ -- Zacks Investment Research, a leading provider of investment-related data, research, and commentary, proudly announces the launch of Zacks Israel 150 - https://israel150.zacks.com. This new platform focuses on Israeli companies listed on US exchanges, providing global investors with easy access to valuable information.

Key Points: 
  • CHICAGO, March 12, 2024 /PRNewswire/ -- Zacks Investment Research, a leading provider of investment-related data, research, and commentary, proudly announces the launch of Zacks Israel 150 - https://israel150.zacks.com .
  • Zacks Israel 150 allows investors to rank Israeli equities based on criteria such as annual sales, market cap, assets, exchange, industry, and sectors.
  • Companies listed on Zacks Israel 150 gain extensive visibility in the US investment community through Zacks' renowned distribution platform.
  • At Zacks Investment Research, the Israel 150 platform represents the initial step in leveraging the advanced distribution platform to offer investors convenient access to investment opportunities categorized by geography, sectors, and other criteria.

Tower Semiconductor to Present at 2024 SEMICON China Addressing Advanced CMOS Process Technology for Micro Displays

Retrieved on: 
Monday, March 11, 2024
Tower Semiconductor, OLED, Sensor

MIGDAL HAEMEK, Israel, March 11, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leader in high-value analog semiconductor foundry solutions, today announced its invited presentation at the upcoming 2024 SEMICON China conference.

Key Points: 
  • MIGDAL HAEMEK, Israel, March 11, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leader in high-value analog semiconductor foundry solutions, today announced its invited presentation at the upcoming 2024 SEMICON China conference.
  • The presentation - Advanced CMOS Process Technology for Micro Display Manufacturing - will provide an overview of current trends in the sensors and displays field, highlighting Tower’s recent technological developments for OLED micro displays catering to the evolving AR/VR market needs in China and worldwide.
  • The conference will be held in Pudong Kerry Hotel, Shanghai, China on March 20-22, 2024.
  • Tower’s session will be presented by Dr. Benoit Dupont, Sensors and Display Marketing Director, Tower Semiconductor, and is scheduled for March 20, 2024, at 11:30 am.

Tower Semiconductor and Tianyi Micro Announce Strategic Cooperation in Development of Next Generation OLED Micro Displays for AR/VR

Retrieved on: 
Monday, February 26, 2024
Tower, CMOS, Senior, Silicon, Overalls, PDK, Tower Semiconductor, OLED, Sensor, XR, VR, MIM, Pixel, Television

The development is based on Tower’s unique 180nm and 65nm dedicated micro display backplane process flows, supporting current-driven (as opposed to voltage-driven) OLED pixel designs.

Key Points: 
  • The development is based on Tower’s unique 180nm and 65nm dedicated micro display backplane process flows, supporting current-driven (as opposed to voltage-driven) OLED pixel designs.
  • Tianyi Micro is currently the sole provider in China of current-driven pixel designs and selected Tower as its key foundry partner for micro display backplane developments.
  • Having such dedicated flows enables Tianyi to pursue its leading market position with next-generation micro displays.
  • For additional information about Tower Semiconductor’s micro displays technology offerings, please visit here.

Tower Semiconductor to Present at APEC 2024 Highlighting Company’s Recent Developments in BCD Technology

Retrieved on: 
Thursday, February 22, 2024
EV, APEC, Sustainability, ICS, BCD, Tower Semiconductor, Personal computer

MIGDAL HAEMEK, Israel, February 22, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced its participation at upcoming 2024 APEC conference to be held February 26th - 28th in Long Beach, California, highlighting the Company’s advanced Power Management platform and recent technology developments addressing the emerging needs of consumer, communications, EV, industrial and computing market applications.

Key Points: 
  • MIGDAL HAEMEK, Israel, February 22, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced its participation at upcoming 2024 APEC conference to be held February 26th - 28th in Long Beach, California, highlighting the Company’s advanced Power Management platform and recent technology developments addressing the emerging needs of consumer, communications, EV, industrial and computing market applications.
  • During the conference, Mr. Erez Sarig, Director of Power Management Business Development & Marketing at Tower Semiconductor, will present “Tower’s Power Management Technology Offerings for a Sustainable World” covering Tower’s best-in-class BCD technology solutions supporting the expanding green energy initiatives in various market segments.
  • To meet with Tower’s engineering team during the conference, visit the Company’s booth #625.
  • For additional information about the Company’s Power Management platform offering, visit here .

Tower Semiconductor Reports 2023 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Wednesday, February 14, 2024
Tower, International, Depreciation, Intel, Investment, Table, Structural Damage, Tower Semiconductor, GAAP, History, Tax, Arai, Security (finance), Bank statement, Research, Video game

MIGDAL HAEMEK, Israel, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the fourth quarter and for the year ended December 31, 2023.

Key Points: 
  • MIGDAL HAEMEK, Israel, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the fourth quarter and for the year ended December 31, 2023.
  • Revenue for the fourth quarter of 2023 was $352 million as compared with $358 million for the third quarter of 2023.
  • Gross profit for the fourth quarter of 2023 was $84 million as compared with $87 million for the third quarter of 2023.
  • Operating profit for the fourth quarter of 2023 was $45 million, as compared with $362 million in the third quarter of 2023 which included $314 million, net, from the Intel merger contract termination.