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Stock Market & Financial Investment News

News Breaks
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.
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September 2, 2014
05:29 EDTTSEMTowerJazz, Triune Systems announces Neo Iso products ramping to mass production
TowerJazz announced that Triune has developed a proprietary isolated power and data technology using the TowerJazz TS18PM process on its state of the art 0.18um based power management platform. This innovative technology is showcased in Triune’s Neo-Iso products, two isolated load switches currently ramping to volume production; TS13001 and TS13101. According to a report published by Transparency Market Research, the home automation market is expected to reach $16.4B by 2019, growing at a CAGR of 24.6% from 2014 to 2019.
August 28, 2014
10:25 EDTTSEMHigh option volume stocks
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