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January 29, 2014
05:48 EDTTSEMTowerJazz awarded five-year multi-million dollar ROIC sustainability program
TowerJazz has announced the award and program kick-off of a Technology Investment Agreement with the United States Air Force/Air Force Research Laboratory, or USAF/AFRL, of the Wright-Paterson Air Force Base. The Defense Production Act Title III program is a five-year multi-million dollar Large Format Read Out Integrated Circuit, or ROIC, Foundry Improvement and Sustainability program focused on continued technology and manufacturing leadership and improvements for TowerJazz’s Newport Beach, CA wafer fabrication facility in support of TowerJazz's overall aerospace and defense offering and customers. TowerJazz is a leading manufacturer of state-of-the art ROICs which are key elements in many commercial and military detectors, sensors, and imaging systems spanning air, land, sea and space. This award will enhance TowerJazz's ability to support production requirements of increasingly complex future ROIC designs.
News For TSEM From The Last 14 Days
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November 18, 2015
09:23 EDTTSEMTowerJazz to acquire Maxim Integrated facility in San Antonio
TowerJazz (TSEM) has signed an agreement with Maxim Integrated (MXIM) to purchase Maxim's 8-inch fabrication facility in San Antonio, Texas. The proposed purchase will expand TowerJazz's current worldwide manufacturing capacity, cost-effectively increasing production by approximately 28K wafers per month. TowerJazz and Maxim expect to close the transaction in January 2016. As part of the transaction, the companies have also signed a long-term supply agreement for TowerJazz to manufacture products for Maxim in the San Antonio facility. The transaction is to be paid with TSEM ordinary shares with a total value of approximately $40M. All of the site's nearly 500 employees will be retained.
November 17, 2015
11:37 EDTTSEMTowerJazz to host analyst and investor day
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11:22 EDTTSEMTowerJazz management to meet with Drexel Hamilton
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11:21 EDTTSEMTowerJazz to host 2015 Supplier Day Meeting
Supplier Day Meeting to be held in Newport Beach, CA on November 17 at 4:30 pm.

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