TowerJazz Announces MOU with Shanghai ICC, Expands Business in China

TowerJazz to offer Shanghai ICC’s customers technical and manufacturing capabilities using its mixed-signal and power technologies to meet demands for more energy efficient solutions.


TowerJazz , Tower Semiconductor Ltd. (NASDAQ: TSEM, TASE: TSEM) today announced the signing of a Memorandum of Understanding (MOU) with Shanghai ICC,  (Shanghai IC Technology & Industry Promotion Center) launching an exclusive partnership.

TowerJazz to offer Shanghai ICC’s customers technical and manufacturing capabilities using its mixed-signal CMOS and power technologies, while expanding TowerJazz’s business opportunities in China.

Shanghai ICC is a non-profit group formed by the Science & Technology Committee of Shanghai Municipality and the first National IC Design Industrialization Center,  to help grow China’s emerging IC companies.

Shanghai ICC has a large technical team and a number of EDA licenses. Through collaboration with Shanghai ICC, TowerJazz will increase its sales potential and technical support.

Shanghai ICC has recently received many requests for technological capabilities with requirements beyond those that are available through Shanghai ICC’s network of technological support. The partnership of TowerJazz and Shanghai ICC fills this need while providing the emerging China IC companies access to leading edge technical expertise to meet the ever challenging market demands for more energy efficient solutions.

TowerJazz manufactures integrated circuits, offering a broad range of customizable process technologies including: SiGe, BiCMOS, Mixed-Signal/CMOS, RFCMOS, CMOS Image Sensor, Power Management (BCD), and MEMS capabilities. TowerJazz also provides a world-class design enablement platform that enables a quick and accurate design cycle. In addition, TowerJazz provides (TOPS) Transfer Optimization and development Process Services to IDMs and fabless companies that need to expand capacity. TowerJazz offers multi-fab sourcing with two manufacturing facilities in Israel, one in the U.S., and one in Japan. For more information, please visit .

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