TowerJazz provides multi-fab production options in three geographic regions for IDMs and fabless companies looking to increase production capacity or diversify locations.
Through TowerJazz’s seven manufacturing facilities, the company offers customers global capacity assurance. TowerJazz operates two fabs in Israel, two in the US, and through TPSCo, has access to three additional facilities in Japan.
The advantage of being a global company is the ability to benchmark between - the seven fabs, and to take advantage of the enhanced skill set in every site to share the best qualities and capabilities from each group across the entire organization. In this way, TowerJazz is continuously improving its operational performance, manufacturing quality, and corporate cost structure. These activities allow TowerJazz to better serve its customers and achieve improved financial corporate performance.
TowerJazz Panasonic Semiconductor Co. Ltd. (TPSCo) is a joint venture, 51% owned by Tower Semiconductor, Ltd. (NASDAQ: TSEM, TASE: TSEM) and 49% owned by Panasonic Corporation (NASDAQ ADS: PCRFY, TYO: 6752). TPSCo’s fabs in Hokuriku, Japan have been manufacturing large scale integrated circuits (ICs) for over 30 years and more than 500 million ICs for automotive products (Grade 0, 1 & 2) have been produced.