TEXT-TowerJazz in strategic deal with Japan’s Toppan

(The following was issued by Israel’s TowerJazz (TSEM.O: )
(TSEM.TA: )):

June 17 – TowerJazz, the global specialty foundry leader,
today announced it was selected by Toppan Technical Design
Center Co Ltd (TDC) as its preferred specialty foundry supplier.

TowerJazz has successfully engaged in multiple specialty
design projects in Japan with TDC in the area of Silicon
Germanium (SiGe) BiCMOS technologies used for high speed RF
applications.

This partnership enables TowerJazz to strengthen its
penetration in the Japanese market particularly TDC’s customers
targeting RF, high speed analog, power management, high voltage,
CMOS image sensors and MEMS.

According to Gartner, the market for foundry services in
Japan is expected to grow to $1.3 Billion in 2012.

Additionally, TDC was selected by TowerJazz as an official
design center partner in Japan.

This distinction applies to companies that achieve the
highest standards of knowledge and experience on at least one
TowerJazz specialty process technology and associated design
enablement models and tools as well as deliver successful
designs with high levels of customer satisfaction.

This agreement enables TDC’s diverse customer base greater
access to TowerJazz’s specialty process technologies, its
technical support, and manufacturing capacity.

“We are very pleased with the depth and breadth of the
TowerJazz specialty process technologies and accuracy of their
design enablement models and tools,” said Kaname Arai, TDC
President & CEO. “This agreement strengthens our relationship
and enables improved specialty technology solutions for the
Japanese market.”

“We are thrilled to expand our relationship with TDC,” said
Ori Galzur, Vice President, VLSI Design Center at TowerJazz.
“Combining their design expertise and experience with our
leading specialty technologies will allow us to jointly increase
our market opportunity in Japan.”

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TEXT-TowerJazz in strategic deal with Japan’s Toppan