Tower Semiconductor Awarded by Semtech for Manufacturing Excellence and Partnership
10 Dezember 2024 - 12:00PM
In recognition
of its superb performance and execution of CY2024 wafer
shipments
MIGDAL HAEMEK, Israel, Dec.
10, 2024 – Tower Semiconductor (NASDAQ/TASE:
TSEM), the leading foundry of high-value analog semiconductor
solutions, today announced that Semtech Corporation
(Nasdaq: SMTC), a high-performance
semiconductor, Internet of Things (IoT) systems and Cloud
connectivity service provider, has recognized Tower Semiconductor
for Manufacturing Excellence and Partnership in Execution of CY2024
Wafer Shipments.
The award recognizes Tower’s ability to
successfully ramp high volume products in its most advanced
platform during a time of unprecedented demand for SiGe (Silicon
Germanium) integrated circuits (ICs). SiGe ICs are crucial to meet
the high demand in AI and data center applications.
Semtech and Tower have a long history of
collaboration on advanced optical fiber solutions. They jointly
hold a large market share of SiGe products for AI and data center
applications that include transimpedance amplifiers (TIAs),
drivers, clock and data recovery (CDR) and active copper cable
(ACC) components that make use of Tower’s leading edge SiGe
platform and Semtech’s expertise in high-speed analog ICs.
“We recognize Tower for its manufacturing
excellence and partnership,” said Asaf Silberstein, executive vice
president and chief operating officer of Semtech. “Tower’s advanced
SiGe solutions have been essential in enabling Semtech to develop
and deliver leading-edge optical networking solutions to the
market. Tower’s agility in scaling these technologies to high
volumes during peak demand periods allows our joint customers to
maximize the benefits of our close partnership.”
“We are honored to receive this recognition from
Semtech, a leader in their space and a strong, long-standing
partner for Tower," said Dr. Marco Racanelli, president, Tower
Semiconductor. "We look forward to continuing our strong
partnership, driving innovation and value to the benefit of our
mutual customers."
For additional information about Tower
Semiconductor’s technology offering, please visit here.
###
About Tower Semiconductor Tower
Semiconductor Ltd. (NASDAQ/TASE: TSEM), the leading foundry of high
value analog semiconductor solutions, provides technology,
development, and process platforms for integrated circuits (ICs) in
growing markets such as consumer, industrial, automotive, mobile,
infrastructure, medical and aerospace and defense. Tower
Semiconductor focuses on creating positive and sustainable impact
on the world through long term partnerships and its advanced and
innovative analog technology offering, comprised of a broad range
of customizable process platforms such as SiGe, BiCMOS,
mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors,
displays, integrated power management (BCD and 700V), photonics,
and MEMS. 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. To provide multi-fab
sourcing and extended capacity for its customers, Tower
Semiconductor owns two facilities in Israel (150mm and 200mm), two
in the U.S. (200mm), two in Japan (200mm and 300mm) which it owns
through its 51% holdings in TPSCo, a 300mm facility in Agrate,
Italy, shared with ST as well as a 300mm capacity corridor in
Intel’s New Mexico factory. For more information, please
visit: www.towersemi.com.
Safe Harbor Regarding Forward-Looking
StatementsThis press release includes forward-looking
statements, which are subject to risks and uncertainties. Actual
results may vary from those projected or implied by such
forward-looking statements. A complete discussion of risks and
uncertainties that may affect the accuracy of forward-looking
statements included in this press release or which may otherwise
affect Tower’s business is included under the heading “Risk
Factors” in Tower’s most recent filings on Forms 20-F and 6-K, as
were filed with the Securities and Exchange Commission (the “SEC”)
and the Israel Securities Authority. 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 |
noitle@towersemi.com
Tower Semiconductor Company
Contact: Orit Shahar | +972-74-7377440 |
oritsha@towersemi.com
- Semtech Award PR_Final_12102024
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