Tower Semiconductor

Tower Semiconductor is a global leader in analog semiconductor technology and manufacturing. The company specializes in the design and manufacture of integrated circuits (ICs) for a variety of applications, including consumer electronics, automotive, medical, and industrial.

The company provides a variety of manufacturing services, including design assistance, wafer processing, packaging, and testing. Tower Semiconductor has a proven track record of producing high-quality goods on time and at a reasonable cost.

Tower Semiconductor's competence in analog IC technology is one of its key competencies. The company has a strong patent portfolio and proprietary techniques that allow it to develop and manufacture high-performance ICs that satisfy the needs of various customers.

Tower Semiconductor is devoted to quality and reliability in addition to its focus on innovation. Throughout the manufacturing process, from wafer fabrication to package assembly and testing, the company has incorporated stringent quality control methods. Tower Semiconductor also collaborates closely with its suppliers to ensure that they satisfy the same high-quality and reliability criteria.

Tower Semiconductor reported $412 million in revenue for the fourth quarter of 2021, which ended December 31, 2021. This was a 19% increase from the fourth quarter of 2020's $345 million and a 7% increase from the third quarter of 2021's $387 million. For the fourth quarter of 2021, the firm recorded a net profit of $52 million, or $0.48 basic and $0.47 diluted earnings per share. Tower Semiconductor projected revenue of around $1.6 billion for the fiscal year 2023. The business attributed its revenue rise to its varied portfolio, operational efficiency, and innovation.

Founded: 1933

Headquarters: Ramat Gavriel Industrial Park 20 Shaul Amor Ave, Israel

Website: https://towersemi.com/