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March 11, 2013
13:42 EDTTSEMTower Semi jumps after announcing radio platform design wins
Tower Semiconductor (TSEM) is surging after the company earlier today announced that its subsidiary, TowerJazz, had obtained over 50 design wins with its Silicon Radio Platform for smartphones and other mobile systems. The platform is utilized in the Front-End Module, or FEM, market, which is expected to double to $10B by 2017, TowerJazz stated. Tower is gaining significant market share in the FEM, and its platform allows integration of the radio in mobile devices including components such as antenna switches, antenna tuners, diversity switches, controllers, low-noise-amplifiers and power amplifiers, eliminating the need for expensive discrete GaAs, according to the company. In mid-afternoon trading, tower's stock rallied 58c, or 9%, to $7.05.
News For TSEM From The Last 14 Days
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June 29, 2015
10:31 EDTTSEMKenon approved to distribute certain Tower securities
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June 22, 2015
06:02 EDTTSEMTowerJazz' TS19IS CMOS image sensor technology chosen by Brightway Vision
TowerJazz announced that BrightWay Vision has chosen its TS18IS CMOS image sensor technology to manufacture image sensors for its patented automotive cameras, specifically forward looking cameras in vehicles, to allow visibility in all weather conditions. BrightWay Vision has developed BrightEye, an Advanced Driver Assistance Systems camera for day and night-time forward facing driver assistance functions based on patented gated imaging technology.

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