| Business Summary | | Tower
Semiconductor
Ltd.
is
an
independent
foundry
manufacturer
of
semiconductor
integrated
circuits
and
a
provider
of
related
design
services.
The
Company
manufactures
integrated
circuits
(ICs)
on
silicon
wafers
using
its
CMOS
process
technologies
and
production
capability
and
the
proprietary
designs
of
its
customers.
Tower
specializes
in
providing
specialized
process
technologies
for
non-volatile
memories
(NVM),
CMOS
image
sensors
and
mixed-signal
applications.
The
Company
also
provides
complementary
design
services
for
NVM
products.
ICs
manufactured
by
the
Company
are
incorporated
into
a
wide
range
of
products
in
diverse
markets,
including
computer
and
office
equipment,
communication
products
and
consumer
electronics. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Tower
Semiconductor
Ltd.
is
an
advanced
independent
foundry
manufacturer
and
service
provider
of
semiconductor
integrated
circuits
(ICs)
on
silicon
wafers.
For
the
six
months
ended
6/30/01,
sales
decreased
30%
to
$33.6
million.
Net
loss
increased
from
$3.6
to
$16.8
million.
Revenues
reflect
the
semiconductor
cyclical
downswing.
Higher
loss
reflects
lower
gross
margins
and
a
$5
million
increase
in
non-capitalized
expenses
relating
to
Fab
2. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Idan Ofer, 43 | Chairman | Rafael Levin, 51 | Co-CEO | Yoav Nissan-Cohen, 48 | Co-CEO | Yossi Rosen, 60 | Pres,
CEO | Amir Harel, 37 | VP
and CFO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|