Tower Semiconductor Ltd. (NASDAQ:TSEM) is a specialty semiconductor foundry that manufactures integrated circuits for fabless chip companies, integrated device manufacturers and original equipment manufacturers. The company focuses on analog and mixed-signal technologies rather than high-volume digital logic, providing process development, wafer manufacturing, design enablement and other foundry services.
Its technology portfolio includes radio-frequency and high-performance analog circuits, power management, CMOS image sensors, medical and industrial sensors, silicon photonics, microelectromechanical systems (MEMS), and automotive and industrial semiconductor solutions. Tower also offers specialized processes for communications, consumer electronics, aerospace and defense, and other applications that require differentiated analog, sensor or connectivity capabilities.
Founded in 1993 and headquartered in Migdal HaEmek, Israel, Tower operates manufacturing facilities and technology partnerships serving customers globally. Its production footprint includes facilities in Israel, the United States and Japan, including operations associated with TowerJazz Panasonic Semiconductor Co. The company is led by Russell C. Ellwanger, who has served as its chief executive officer since 2005.
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