The deal will generate revenues of approximately $35 million, which are incremental to TowerJazz’s revenues from its existing manufacturing facilities. This agreement allows TowerJazz to realize profits and cash generation from its valuable manufacturing expertise and its skilled engineering manpower.
“This project represents another notable acknowledgement of our worldwide manufacturing expertise and capabilities,” said Mr. Russell Ellwanger, CEO of TowerJazz. “It is a special business model providing revenue and profit upside incremental to our base financial model.”
Qedma, a pioneer in quantum computing error mitigation, announced today that its unique software QESEM (Quantum Error Suppression and Error…
Melexis expands its Triphibian™ family with the MLX90834 pressure sensor, designed for automotive applications such as EV thermal management. This…
PXI/PXIe simulation modules available in multiple resistance ranges & resolution capabilities to meet the needs of most functional test systems…
Samtec, Inc., offers a variety of board-level and cable connector systems for JTAG applications that are currently shipping in volume…
Innovation leap in high-voltage transistor technology: Infineon development team brings the world's first silicon carbide MOSFET with a vertical channel…
DigiKey, a leading global commerce distributor offering the largest selection of technical components and automation products in stock for immediate…