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Tower Semiconductor Ltd (TSEM.OQ)

TSEM.OQ on NASDAQ Stock Exchange Global Select Market

19.74USD
15 Aug 2018
Change (% chg)

$-0.49 (-2.42%)
Prev Close
$20.23
Open
$19.94
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$19.55
Volume
177,600
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208,738
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$36.69
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$19.55

Latest Key Developments (Source: Significant Developments)

Tower Semiconductor Announces Signature Of 7-Year Loan Agreement With Ja Mitsui Leasing, Sumitomo Mitsui Banking, Among Others
Monday, 4 Jun 2018 

June 4 (Reuters) - Tower Semiconductor Ltd ::TOWER SEMICONDUCTOR LTD - ANNOUNCED SIGNATURE OF 7-YEAR LOAN AGREEMENT WITH JA MITSUI LEASING, SUMITOMO MITSUI BANKING CORPORATION, AMONG OTHERS.TOWER SEMICONDUCTOR - DEAL PROVIDES TOWERJAZZ PANASONIC SEMICONDUCTOR A TERM LOAN OF ABOUT $100 MILLION.  Full Article

Towerjazz and Yuanchen Microelectronics announce partnership for Backside Illumination manufacturing in Changchun, China
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Tower Semiconductor Ltd :Towerjazz and Yuanchen Microelectronics announce partnership for Backside Illumination (BSI) manufacturing in Changchun, China.Towerjazz​ - ‍announced partnership With Changchun Changguang Yuanchen Microelectronics to provide BSI process segment for Cis Wafers manufactured by co.Towerjazz - ‍partnership to allow co to serve worldwide customers with advanced bsi technology in mass production, starting in middle of 2018​.  Full Article

Towerjazz and Tacoma announce partnership for new fabrication facility in Nanjing, China
Monday, 21 Aug 2017 

Aug 21 (Reuters) - Tower Semiconductor Ltd :Towerjazz and Tacoma announce a partnership for a new 8-inch fabrication facility in Nanjing, China; Tower received first milestone payment of $18 million net.Tower Semiconductor -‍ Project to be funded by Tacoma, Nanjing Economic & Technology Development zone, Credito Capital, potential third party investors​‍​.  Full Article

Towerjazz reports Q2 revenue of $345 mln
Thursday, 3 Aug 2017 

Aug 3 (Reuters) - Tower Semiconductor Ltd - :TowerJazz announces records in revenues, margins, EBITDA and free cash flow for the second quarter and first half of 2017.Q2 revenue rose 13 percent to $345 million.Sees Q3 2017 revenue $355 million.Sees Q3 2017 revenue up 9 percent.Qtrly basic earnings per share of $0.52.Q2 earnings per share view $0.49, revenue view $345.0 million -- Thomson Reuters I/B/E/S.Q3 revenue view $354.6 million -- Thomson Reuters I/B/E/S.  Full Article

Tower semiconductor and Aisin Seiki Co announce production of Aisin's new automotive devices
Wednesday, 12 Apr 2017 

Aisin Seiki Co Ltd <7259.T> : Tower semiconductor and Aisin Seiki Co announce volume production of Aisin's new generation automotive devices for automotive body products .Co and Aisin plan to ramp products in TPSCO's 200mm automotive grade Japan fab.  Full Article

Towerjazz reports Q4 earnings per share $0.53
Monday, 13 Feb 2017 

Towerjazz : Q4 revenue rose 34 percent to $340 million . Q4 earnings per share $0.53 . Sees Q1 2017 revenue $330 million .Sees Q1 2017 revenue up about 19 percent.  Full Article

Towerjazz Q3 earnings per share $0.58
Tuesday, 15 Nov 2016 

Towerjazz : Q3 earnings per share $0.58 . Sees fy 2016 revenue $1.25 billion . Sees q4 2016 revenue up about 34 percent . Towerjazz continues strong performance: announces highest ever revenues, EBITDA and free cash flow for the third quarter of 2016 . Q3 revenue rose 34 percent to $326 million .Sees q4 2016 revenue $340 million.  Full Article

UPDATE 1-Chipmaker TowerJazz slides after revenue forecast misses expectations

TEL AVIV, July 26 Israeli chip manufacturer TowerJazz was the biggest faller on the main Tel Aviv index on Thursday after its third-quarter revenue forecast missed analysts' expectations, hurt by weakness in orders from mobile phone customers.