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Tower Semiconductor Ltd Reports Third Quarter 2020 Results
Tower Semiconductor Reports Q2 Earnings Per Share $0.18
Tower Semiconductor Q1 SHR $0.16
Tower Semiconductor Ltd. operates as an independent semiconductor foundry focused primarily on specialty process technologies. The Company focuses on producing integrated circuits (ICs) based on the design specifications of its customers. The Company manufactures semiconductors for its customers primarily based on third-party designs. It offers process manufacture geometries of 0.35, 0.50, 0.55, 0.60, 0.80-micron and above on 150 millimeter wafers, 0.35, 0.18. 0.16, 0.13 and 0.11-micron on 200 millimeter wafers, and 65 nanometer and 45 nanometer on 300 millimeter wafers. It also provides design support and technical services. The Company's ICs are incorporated into a range of products in markets, including consumer electronics, personal computers, communications, automotive, industrial and medical device products. The Company has manufacturing facilities in the United States, Israel and Japan.
P.O. Box 619
Independent Chairman of the Board
Russell C. Ellwanger
Chief Executive Officer, Director
Chief Financial Officer, Senior Vice President - Finance
Chief Executive Officer of TowerJazz Panasonic Semiconductor Company Ltd
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Israeli chip manufacturer Tower Semiconductor <TSEM.TA> said on Sunday some of its systems were hit by a cyber attack and as a result it was putting on hold some servers and manufacturing operations.
Israeli chip manufacturer Tower Semiconductor <TSEM.TA> matched forecasts for unadjusted quarterly earnings, saying a downturn in its medical X-ray and automotive business had been offset by sales of mobile and power management chips.
Israeli chip manufacturer Tower Semiconductor <TSEM.TA> beat quarterly profit estimates by a cent and said the company was not experiencing any interruptions to its ongoing manufacturing despite the coronavirus outbreak.
Israeli chip manufacturer TowerJazz beat quarterly profit estimates by a cent and said the company was not experiencing any interruptions to its ongoing manufacturing despite the coronavirus outbreak.
Israeli chipmaker TowerJazz missed fourth quarter earnings estimates on Tuesday and said the impact of the coronavirus would cut its first quarter revenue by up to $5 million.
Israeli chip manufacturer TowerJazz missed earnings and revenue estimates in the fourth quarter but sees a return to growth in 2020.
Israeli chip manufacturer TowerJazz <TSEM.TA> said on Monday it will not sell its 51% stake and board control in its joint venture (JV) with Panasonic Corp <6752.T> in Japan.
Israeli chip manufacturer TowerJazz's <TSEM.TA> forecast for fourth-quarter sales came in lower than market expectations, sending its shares down sharply on Wednesday.
Israeli chip manufacturer TowerJazz beat earnings forecasts by a cent in the third quarter and said its plan to expand production capacity at a plant in Japan was on track.
Chip manufacturer TowerJazz posted a drop in second quarter profit as revenue fell due to a price cut for a renewed contract, and said it would invest $100 million to expand production capacity at a plant in Japan to meet growing demand.
Chip manufacturer TowerJazz posted a drop in second quarter profit as revenue fell due to a price cut for a renewed contract, and said it would invest $100 million (£81.11 million) to expand production capacity at a plant in Japan to meet growing demand.
Israeli chip manufacturer TowerJazz reported on Wednesday lower first quarter net profit although it still matched estimates, as weakness in the data centre market weighed on revenue.
Israeli chip manufacturer TowerJazz reported lower quarterly net profit that met estimates and forecast second-quarter revenue also in-line with expectations.
* Analysts forecast 2019 revenue to fall to $1.28 bln (Adds details, share price move)
Israeli chip manufacturer TowerJazz reported higher quarterly net profit but slightly missed estimates and forecast first-quarter revenue in-line with expectations, saying it enters 2019 with geo-economic headwinds.
* Israeli chip maker TowerJazz said on Tuesday it won a contract to supply chips to Canadian Lidar maker LeddarTech.
TowerJazz revenues will miss expectations in the fourth quarter after falling in the previous three months, the Israeli chip manufacturer said on Monday, citing weakness in the market and a switch to higher-margin products.
Israeli chip manufacturer TowerJazz on Monday reported lower quarterly net profit and forecast fourth quarter revenue below expectations, citing overall market weakness.
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.
Israeli chip manufacturer TowerJazz on Thursday reported lower quarterly net profit and forecast continued weakness in mobile customer demand in the third quarter but is targeting record fourth quarter revenue.
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