BCD

Tower Semiconductor Reports Second Quarter 2022 Record Revenue of $426 Million Year over Year Revenue Growth of 18% Total and 30% Organic

Retrieved on: 
Tuesday, August 2, 2022

Revenue for the second quarter of 2022 was $426 million, as compared to $362 million in the second quarter of 2021, reflecting 18% revenue growth.

Key Points: 
  • Revenue for the second quarter of 2022 was $426 million, as compared to $362 million in the second quarter of 2021, reflecting 18% revenue growth.
  • Organic revenue grew by 30% year over year for the second quarter of 2022 (organic revenue defined as total revenue excluding revenues from (i) Nuvoton in the Japanese fabs and (ii) Maxim in the San Antonio fab).
  • Gross profit for the second quarter of 2022 was $112 million, 52% higher than $74 million recorded in the second quarter of 2021.
  • Operating profit for the second quarter of 2022 was $71 million, more than double the $34 million recorded in the second quarter of 2021.

Tower Semiconductor and Cadence Expand Collaboration to Accelerate Automotive IC Development

Retrieved on: 
Thursday, July 14, 2022

Cadence Design Systems, Inc. (Nasdaq: CDNS) and Tower Semiconductor (Nasdaq/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced a collaboration to advance automotive and mobile IC development.

Key Points: 
  • Cadence Design Systems, Inc. (Nasdaq: CDNS) and Tower Semiconductor (Nasdaq/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced a collaboration to advance automotive and mobile IC development.
  • By working to combine Cadence and Tower technologies, mutual customers can meet automotive design goals and achieve a faster path to ISO 26262 certification.
  • The Cadence and Tower collaboration supports automotive SoC design and the broader Cadence Intelligent System Design strategy, which enables customers to achieve SoC design excellence.
  • Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc.

Tower Semiconductor Announces Second Quarter 2022 Earnings Release Date

Retrieved on: 
Wednesday, July 13, 2022

MIGDAL HAEMEK, Israel July 13, 2022 Tower Semiconductor (NASDAQ/ TASE: TSEM ), the leading foundry of high value analog semiconductor solutions, will issue its second quarter 2022 earnings on Tuesday, August 02, 2022.

Key Points: 
  • MIGDAL HAEMEK, Israel July 13, 2022 Tower Semiconductor (NASDAQ/ TASE: TSEM ), the leading foundry of high value analog semiconductor solutions, will issue its second quarter 2022 earnings on Tuesday, August 02, 2022.
  • In light of the previously announced transaction with Intel, Tower will not provide guidance for the third-quarter 2022 and will not host an earnings conference call.
  • Tower Semiconductor Ltd. (NASDAQ: TSEM, TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, provides technology and manufacturing platforms for integrated circuits (ICs) in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical, and aerospace and defense.
  • Tower Semiconductor also provides world-class design enablement for a quick and accurate design cycle as well as process transfer services including development, transfer, and optimization, to IDMs and fabless companies.

UMC’s Climate Goals Validated by Science Based Targets Initiative (SBTi)

Retrieved on: 
Thursday, June 23, 2022

United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (UMC) announced today that the Science Based Targets initiative (SBTi) has approved its emissions reduction targets, making the Company the first semiconductor foundry globally to obtain SBTi validation of climate goals.

Key Points: 
  • United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (UMC) announced today that the Science Based Targets initiative (SBTi) has approved its emissions reduction targets, making the Company the first semiconductor foundry globally to obtain SBTi validation of climate goals.
  • SBTis approval is a confirmation of our intended pathway to achieve net zero while also ensuring our reduction targets are in line with what the latest climate science says is needed to prevent the worst impacts of climate change.
  • UMCs efforts to combat global warming started more than two decades ago, and we have achieved progressive goals to cut greenhouse gas emissions over the years.
  • UMC is among the 1,400-plus companies and institutions that have had their science-based targets validated.

Tower Semiconductor to Present at IMS 2022 Highlighting Recent Innovations in RF Foundry Technology

Retrieved on: 
Tuesday, June 14, 2022

For additional information about the Companys RF platform offering, visit here .

Key Points: 
  • For additional information about the Companys RF platform offering, visit here .
  • Tower Semiconductor Ltd. (NASDAQ: TSEM, TASE: TSEM), the leading foundry of high value analog semiconductor solutions, provides technology and manufacturing platforms for integrated circuits (ICs) in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense.
  • Tower does not intend to update, and expressly disclaim any obligation to update, the information contained in this release.
  • Tower Semiconductor Investor Relations Contact: Noit Levy | +972-4-604-7066 | [email protected]

Key Foundry Releases 0.18-micron NON-EPI BCD Process for Low Power PMICs

Retrieved on: 
Thursday, June 9, 2022

SEOUL, South Korea, June 9, 2022 /PRNewswire/ --Key Foundry, the only pure-play foundry in Korea, announced today that it will release a 0.18-micron 30V NON-EPI (Epitaxy) BCD (Bipolar-CMOS-DMOS) process for low power PMICs.

Key Points: 
  • SEOUL, South Korea, June 9, 2022 /PRNewswire/ --Key Foundry, the only pure-play foundry in Korea, announced today that it will release a 0.18-micron 30V NON-EPI (Epitaxy) BCD (Bipolar-CMOS-DMOS) process for low power PMICs.
  • This new 0.18-micron 30V NON-EPI BCD process of Key Foundry shows the same level of performance compared to the existing EPI BCD process even without EPI layer.
  • As this new 0.18-micron 30V NON-EPI BCD process requires no EPI process, the process efficiency is improved, and it supports efficient designs by offering 5V LDMOS transistors for 5V power blocks.
  • Furthermore, as the logic device of this new 0.18-micron 30V NON-EPI BCD process retains comparable characteristics of the logic device of EPI BCD process, this new 0.18 micron 30V NON-EPI BCD process is compatible with digital libraries and IP of the existing process that are currently used for mass production.

Tower Semiconductor to Showcase Key Process and PDK Features of Its Silicon Photonics Process

Retrieved on: 
Wednesday, June 8, 2022

MIGDAL HAEMEK, Israel, June 8, 2022 Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced a webinar titled Develop and Verify Designs Using a Silicon Photonics Platform with Integrated Lasers.

Key Points: 
  • MIGDAL HAEMEK, Israel, June 8, 2022 Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced a webinar titled Develop and Verify Designs Using a Silicon Photonics Platform with Integrated Lasers.
  • The webinar will be hosted by technology and design enablement experts and will introduce key process and process design kit (PDK) features of Towers PH18 process .
  • The webinar showcases key process and PDK features of Towers PH18 process along with OpenLights silicon photonics platform with integrated lasers and the industrys only unified electronic and photonic design solution comprising of Synopsys OptoCompiler, Synopsys OptSim, Synopsys PrimeSim and Synopsys IC Validator products.
  • The 800G-DR8 PIC example can be extrapolated to develop PICs for other applications that can benefit from silicon photonics.

Teledyne e2v Topaz image sensor earns Vision Systems Design 2022 Innovators Award

Retrieved on: 
Tuesday, June 7, 2022

Award-winning sensor utilizes Tower Semiconductors state-of-the-art 65nm, low noise, global-shutter pixel technology

Key Points: 
  • Award-winning sensor utilizes Tower Semiconductors state-of-the-art 65nm, low noise, global-shutter pixel technology
    Grenoble, FRANCE, June 7, 2022 Teledyne e2v announced today that its Topaz CMOS image sensors, utilizing Tower Semiconductors 65nm global shutter pixel technology, were recognized among the best in machine vision by the judges of the Vision Systems Design 2022 Innovators Awards program.
  • The Vision Systems Design team would like to congratulate Teledyne e2v for their score in the 2022 Innovators Awards program, says Chris Mc Loone, Editor in Chief.
  • Published since 1996, Vision Systems Design is a global resource for engineers, engineering managers and systems integrators that provides comprehensive global coverage of vision systems technologies, applications, and markets.
  • The Vision Systems Design 2022 Innovators Awards program reviews and recognizes the most innovative products and services in the vision and image processing industry.

American Addiction Centers Hosts Live Panel on May 25 to Discuss Addiction Among Veterans and Service Members

Retrieved on: 
Tuesday, May 24, 2022

BRENTWOOD, Tenn., May 24, 2022 (GLOBE NEWSWIRE) -- In honor of Military Appreciation Month, American Addiction Centers (AAC) is hosting a live online panel discussion May 25 at 2 p.m. EST with several of its therapists who provide addiction treatment to our nations heroes.

Key Points: 
  • BRENTWOOD, Tenn., May 24, 2022 (GLOBE NEWSWIRE) -- In honor of Military Appreciation Month, American Addiction Centers (AAC) is hosting a live online panel discussion May 25 at 2 p.m. EST with several of its therapists who provide addiction treatment to our nations heroes.
  • The panel will air live on AACs Facebook , LinkedIn and YouTube channels.
  • American Addiction Centers also partners with dozens of VA medical centers nationwide as a community care provider to ensure more veterans have timely access to addiction treatment year-round.
  • American Addiction Centers is a leading provider of inpatient and outpatient substance abuse treatment services.

Tower Semiconductor Reports First Quarter 2022 Record revenue of $421 Million, a 21 Percent Year over Year Revenue Growth

Retrieved on: 
Monday, May 16, 2022

MIGDAL HAEMEK, Israel, May 16, 2022 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the first quarter ended March 31, 2022.

Key Points: 
  • MIGDAL HAEMEK, Israel, May 16, 2022 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the first quarter ended March 31, 2022.
  • Revenue for the first quarter of 2022 was $421 million, as compared to $347 million in the first quarter of 2021, reflecting 21% revenue growth.
  • Gross profit for the first quarter of 2022 was $105 million, 50% higher than $70 million recorded in the first quarter of 2021.
  • Operating profit for the first quarter of 2022 was $63 million, 94% higher than the $32 million recorded in the first quarter of 2021.