Idan Ofer to pay Israel Corp. CEO $8 million bonus

Nir Gilad and other Israel Corp. executives will receive $14.3 million in bonuses from Ofer’s private company. –   Israel Corporation (TASE: ILCO) CEO Nir Gilad is expected to receive an $8 More...

Tower and Physical Logic take on $2.6 Billion Navigation Market

Israeli Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) (which trades as TowerJazz) and Physical Logic Ltd., a developer of MEMS-based sensor applications, have announced a milestone achievement for More...

TowerJazz Awarded Five-Year Multi-Million Dollar Program in Partnership with US Air Force

– Technology Investment Agreement focused on support of Air Force’s Large Die ROIC Program and continued improvements for TowerJazz’s US facility – – TowerJazz (Nasdaq: TSEM; TASE:TSEM) has More...

Japanese Daily “Nikkei”: Israeli TowerJazz In Talks To Buy Panasonic Fabs

– “Nikkei”: Panasonic has started talks to sell some overseas plants to Tower, with a deal likely to be reached before early next year. – TowerJazz Japan – Panasonic Corporation More...