Since the merger of Tower and Jazz Semiconductor in September 2008, we have achieved major integration milestones creating TowerJazz…
“One Company, Twice as Strong.”

We are currently the fastest growing foundry and have maintained this position over the past several years. The merger has provided many benefits for future long-term growth and increased profitability:

  • Established specialty foundry leadership position
    • Grew revenue 281% (3.8x) from Q3 2005 vs. Q3 2009
    • The only Y/Y revenue growth company in the foundry industry
    • Continue to receive solid financial support from key investors who have increased confidence in our ability to deliver long-term stability and growth
    • Significant opportunities targeting high growth, high margin markets and a stronger financial base

  • Achieved major accomplishments for our customers in the past year
    • Complementary technologies integrated to provide the broadest and most customizable process offerings of any specialty foundry
    • Increased capacity more than 50% to 750K wafers per year
    • Customer base doubled and became more diversified
    • Announced 20 customer engagements including the largest deal in the history of the company
    • Expanded global footprint with new commitments including Korea
    • Realized >$100M in permanent annual cost reductions enabling more cost-effective and value-added solutions

Our many successes since completion of the merger have put us in the position of the global specialty foundry leader and we look forward to the next chapter in our company's growth and development!

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