News and Events



Welcome to TowerJazz's quarterly newsletter.

Newsletter content highlights our latest company milestones, financial updates, and technology news as well as messages from our executives for our customers, shareholders, partners and other affiliates. We hope you enjoy reading it. We welcome any comments.

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2014  

Q2

(Volume 4 Number 2)

"History is a Relentless Master"

One cannot stand still and reside in the present. The present does not exist in our mind - we can think only of what is past or what is yet to come.  If we focus on the past, history will indeed become our master.  However, if we grow from experience - building upon successes and restarting/replacing/recreating models where we failed, we are in a position to be the master of our future.

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News: Re-energizing the Japanese Semiconductor Industry
News: TowerJazz Global Symposiums to take place in China, Europe, the USA and Japan
Executive Roundtable: Avi Strum
Financial Highlights: Q1 2014
Q1 Conference Summaries
Getting to Know Us: Erez Sarig
Community Involvement: M2V Mountain to Valley Relay
Press Releases
Featured News

Q1

(Volume 4 Number 1)

Message from our CEO

Equatorial paradox is an economic principle that correlates the economic growth of a nation to its distance from the equator. The basic premise is that if a person can live among nature, sleep in a hammock under the stars and eat mangos as they fall from trees 365 days a year, there is little drive for development. In contrast, if a person lives in an area with a four month growing season and must create shelter, preserve food, and find fuel to survive the biting winter months, there is strong motivation to adapt, plan and innovate.
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Executive Roundtable: Ilan Rabinovich
Tech Offering Focus: Power Management
Financial Highlights: Q4 and Full Year 2013
Getting to Know Us: Abhijit Joshi
Social Responsibility: Angel Tags
Press Releases
Featured News

top photo: NASA Goddard Photo/Creative Commons

2013  

Q4

(Volume 3 Number 4)

Message from our CEO

At this time, with 2013 nearing its end and moving into 2014, we are beginning the production ramp resulting from the sharp growth in design wins of two years ago. This growth has continued and led to record numbers of mask sets entering our factories during this past year, which underpins our confidence in continued strong business performance ahead. I remain very excited with regard to our potential and our ability to fulfill it.
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Executive Roundtable: Dalit Dahan
Tech Offering Focus: MEMS
Financial Highlights: Q3
Conference Summary: TGS 2013
Getting to Know Us: Victor Elfassy
Press Releases
Featured News

Q3

(Volume 3 Number 3)

Message from our CEO

In the midst of the second half of 2013, we are pleased with several accomplishments that have been achieved year to date — advancements to our specialty process technologies and design enablement, capacity expansion, multi-sourcing capabilities, and importantly, improved quality and excellence in customer service as has been recognized by awards from several of our customers including our most recent honor from ON Semiconductor as its Top Foundry Supplier for the first half of 2013.
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Executive Roundtable: Ori Galzur
Financial Highlights: Q2
News: Jazz Semiconductor Trusted Foundry
Conference Summary: TGS Japan
Getting to Know Us: Rachel Xie
Social Responsibility: Hosting eCamp
Press Releases
Featured News

Q2

(Volume 3 Number 2)

Message from our CEO


"Cynics do not contribute. Skeptics do not create. Doubters do not achieve." [i]


I often sit in gasping wonder at the universal application of correct principles. One such principle being the impact of attitude. A cheerful disposition and countenance most often evokes a cheerful and friendly response. If one hungers after and is directed toward pursuing excellence, he or she most often finds, acknowledges and is inspired by excellence in others. The negative aspects of attitude and outlook have, as well, a prescribed set of responses. In every aspect of life, those of a cynical nature mainly detract, steal from, and at times render a premature death to life-giving fresh winds of new ideas.
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Executive Roundtable: Yossi Netzer
Financial Highlights: Q1
News: TGS Around the Globe
Conference Summaries: ISPSD, ChipEx, and IMS
Awards
Getting to Know Us: Shinichi Murakami
Social Responsibility: GAIA Girls Love Science
Press Releases

Featured News

Q1

(Volume 3 Number 1)

Message from our CEO

2012 was a noteworthy and strategically significant year for TowerJazz. Our revenues grew by 5% over 2011, maintaining our position as the number one specialty foundry.
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Executive Roundtable: Todd Mahlen
Financial Highlights: Q4 and Full Year 2012
Conference Summaries: World Semi Summit
Getting to Know Us: Rafaela Novais
Social Responsibility: Beautification Day
Press Releases
Featured News
2012  

Q4

(Volume 2 Number 4)

Message from our CEO

We are pleased with the performance and progress made in the third quarter and especially in the activities that will drive continuous growth and improvements. Our revenues were approximately $155 million and for the first 9 months, we recorded $491 million of revenues year-to-date, growing 13% versus the same period of last year. During this period, we realized a record amount of new photo masks entering our factories, which can indicate continuous growth for us in 2013 and beyond.
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Executive Roundtable: Rafi Mor
Financial Highlights: Q3
Conference Summary: TGS USA, VISION, IC China, EDSFair
Getting to Know Us: Oded Goldshlager
Press Releases
Featured News

Q3

(Volume 2 Number 3)

Message from our CEO

We have just recently completed one of our annual Global Business Alignment Meetings where our sales team, business units and operations meet for an intense rationalization of our multi-year plan. I am more than pleased with our progress. It became clear how our worldwide presence continues to grow, creating better and closer technical and geographic alignment with our valued customers. By transferring processes between our Newport Beach, Nishiwaki and Migdal Ha’emek fabs, we offer multi-sourcing capabilities and enable strong sales synergies.
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Executive Roundtable: Dr. Itzhak Edrei
Financial Highlights: Q2
News: TGS Events
Conference Summary: DAC
Getting to Know Us: Selena Kang
Social Responsibility: Hosting eCamp
Press Releases
Featured News

Q2

(Volume 2 Number 2)

Message from our CEO

Moving well into 2012, our growing capacity sends a clear message to all our current and potential customers that we are well positioned to meet any and all of their emerging needs for the foreseeable future. In Q1, our revenue rose 39% to $168 million for the first quarter from $120.6 million for the corresponding quarter of 2011. We have a very strong customer funnel, notably an increase in the number of masks that entered into our factories. If we compare the company new masks for Q1 of 2012 vs. Q1 of 2011, it is up 26%. 2009 was the year we rebranded ourselves as a specialty analog foundry and comparing Q1 of 2012 to Q1 of 2009, there is an 86% increase in mask layers entering the fabs - showing consistent growth and strong realization of design win activities.
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Executive Roundtable: Zmira Shternfeld-Lavie
Financial Highlights: Q1
News: TGS Around the Globe
Getting to Know Us: Itai Farber
Social Responsibility: Multidisciplinary Center for Learning...
Press Releases

Featured News

Q1

(Volume 2 Number 1)

Message from our CEO

Moving into 2012, we are pleased to have maintained our position as the #1 specialty foundry and have expanded our revenue lead above the number two specialty foundry by about $100M. Our record full year revenues were at $611 million, up 20% over revenues of 2010 and well ahead of the industry’s growth.
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Executive Roundtable: Dr. Marco Racanelli
Financial Highlights: Q4 and Full Year 2011
Conferences: Pursuit of Excellence
Getting to Know Us: Kazuo Inoue
Social Responsibility: Community Service Charter
Press Releases
Featured News
2011  

Q4

(Volume 1)

Message from our CEO

2011 to date has been an exciting year for TowerJazz and really is a culmination of the strong efforts we have put into building our leadership position over the past few years. Our Q3 release, of $176 million, puts us at a $700 million annualized revenue run-rate. We sincerely thank you all for enabling it.
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Executive Roundtable: Avi Strum
Financial Highlights: Q3
Award: Raytheon Supplier Excellence
Conference Summary: TGS USA and Taiwan, EDSFair
Getting to Know Us: Jerry Kelley
Press Releases
Featured News

Q3

(Volume 1)

Message from our CEO

The first half of 2011 was full of amazing challenges and opportunities for TowerJazz. In order to meet our customers' demand, we began to increase our organic capacity, as well as looked for M&A opportunities. As we recently announced, we made a strategic move by acquiring Micron's fab in Nishiwaki, Japan. This nearly doubled our global manufacturing capacity and sent a clear message to our customers that we are positioned to meet their growing needs.
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Executive Roundtable: Ephie Koltin
Financial Highlights: Q2
News: Design Start Awards Program
Conference: TGS USA
Getting to Know Us: Limor Silberberg
Press Releases
Featured News