Tower Semiconductor History

1993
Tower Semiconductor
Tower Semiconductor was founded with the acquisition of National Semiconductor’s 150-mm wafer fabrication facility.
1994
NASDAQ
Tower Semiconductor became a public company. Shares began to be traded on NASDAQ (TSEM).
2000
Worldwide Design Center
Design it once, design it right: The worldwide Design Center was established in Netanya, Israel
2001
Tel Aviv Stock Exchange
Tower Semiconductor shares began to be traded on Tel Aviv Stock Exchange (TSEM).
2004
Fab 2 Foundation
Tower Semiconductor established an adjacent, state-of-the-art facility (Fab 2) in Migdal Haemek Israel, designed to operate in geometries of 0.18-micron and below, using advanced CMOS technology.
2008
Tower Semiconductor and Jazz Semiconductor Merge
Tower Semiconductor and Jazz Semiconductor merged in a stock for stock transaction and the combined companies officially launched as TowerJazz. The merger provided several key benefits: increased global capacity, a larger customer base, a more comprehensive product portfolio, and a stronger financial base.
2014
TowerJazz Panasonic Semiconductor Co.
TowerJazz completed a joint venture with Panasonic Corporation enabling TowerJazz to offer its customers state of the art 300mm technology including best of class 65nm CMOS image sensor dark current and quantum efficiency performance and additional 45nm digital technology. The joint venture added available capacity of approximately 800,000 wafers per year (8" equivalent) in three manufacturing facilities in Japan; one 300mm and two 200mm.
2016
TowerJazz acquired 8-inch fab in San Antonio, TX
Click HIn order to support the company's strong customer demand and to enable additional manufacturing flexibility, TowerJazz acquired Maxim Integrated’s 8-inch wafer fabrication facility in San Antonio, Texas, United States, cost-effectively increasing production by approximately 28,000 wafers per month.ere
2020
New Brand Identity
On March 1st, 2020, launched a new brand identity to reflect Company’s global presence and strength, and highlight its focus to provide the highest value analog semiconductor solutions.
2021
Partnership with STMicorelctronics in Agrate, Italy
On June 24, 2021, announced partnership with ST Microelectronics to accelerate Agrate, Italy 300mm analog and power fab capacity and utilization ramp-up.
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Tower Semiconductor was founded in 1993, with the acquisition of National Semiconductor’s 150mm wafer fabrication facility in Migdal Haemek, Israel. Tower became a public company in 1994. In 2001, Fab 2, a 200mm facility, was constructed alongside Fab 1.

In 2008, Tower acquired Jazz Semiconductor’s 200mm facility (Fab 3) which increased global capacity, offered a more comprehensive technology portfolio, a larger customer base, and a stronger financial base.

In 2014, TowerJazz completed a joint venture with Panasonic Corporation enabling TowerJazz to offer its customers state of the art 300mm technology including best of class 65nm CMOS image sensor dark current and quantum efficiency performance and additional 45nm digital technology, adding available capacity of approximately 800,000 wafers per year (8 inch equivalent) in three manufacturing facilities in Japan.

In 2016, in order to support the company’s strong customer demand and to enable additional manufacturing flexibility, TowerJazz acquired Maxim Integrated’s 8-inch wafer fabrication facility in San Antonio, Texas, United States, cost-effectively increasing production by approximately 28,000 wafers per month.

In 2020, launched a new brand identity to reflect the Company’s global presence and strength, and highlight its focus to provide the highest value analog semiconductor solutions. The new brand identity included updates to Company’s brand name, vision, mission, values, logo, tagline, website, and graphic design approach.

In 2021, Tower announced a partnership with ST Microelectronics to accelerate the Agrate, Italy 300mm analog and power fab capacity. 

In 2023, Intel Foundry Services (IFS) and Tower announced an agreement where Intel will provide foundry services and 300mm manufacturing capacity to help Tower serve its customers globally. Under the agreement, Tower will utilize Intel’s advanced manufacturing facility in New Mexico.

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