NISHIWAKI, Japan & SEONGNAM, Korea--(BUSINESS WIRE)--May. 13, 2013--
TowerJazz,
the global specialty foundry leader, today announced collaboration with
TLi (Technology Leaders & Innovators), a fabless company that designs
non-memory integrated circuits (ICs) focused on timing controllers and
driver ICs on TFT-LCD panel modules. TLI has developed an acceleration
sensor control IC and proximity illumination sensor IC based on
TowerJazz’s advanced 0.18um CMOS technology which enables TLi to provide
local offerings to mobile phone suppliers in Korea where the market
leaders are located.
As of 2012, the worldwide mobile phone market was 1.7 billion dollar and
43% of this was attributed to smart phones with acceleration sensor
control ICs and proximity and illumination sensor ICs. The portion of
smart phones with these ICs is expected to grow steadily and TLi is
targeting this fast growing market with two of its products utilizing
TowerJazz’s process. A mass production is expected to start in Q3, 2013.
The acceleration sensor market is mostly dominated by a few major
foreign companies, however in January of this year, TLi succeeded in
developing an acceleration sensor control IC and a proximity
illumination sensor IC in Korea. These products are the first released
from the very close collaboration between TowerJazz and TLi. By
utilizing the advanced features of TowerJazz’s 0.18um CMOS process, TLi
realized accurate modeling as well as flash memory without mask adder
for its acceleration sensor control IC and succeeded in realizing the
sensing block without expensive color filtering for its proximity
illumination sensor IC.
“We have been very pleased with our collaboration on these exciting
products which has enabled us to provide local offerings to Korean
mobile phone suppliers that are expected to be the most cost effective
solutions in this market. This is the result of our close discussions
with TowerJazz to utilize the advanced features of their 0.18 CMOS
process. Also, these products showed full functionality from first
silicon,” said Soonwon Hong, Vice President of TLi.
“Korea is an important region for technical and manufacturing innovation
and we are very excited to work with a leading-edge partner such as TLi
to enable localization of their specialized sensor ICs,” said Michael
Song, VP of Sales and President of TowerJazz Korea. “TLi has trusted us
to co-develop and bring to market their latest products and we are
pleased with the progress we have made in this region which is home to
many leading semiconductor companies.”
About TLi
TLi Inc. (KOSDAQ; 062860), is a fabless design company that specializes
in non-memory semiconductor ICs for flat panel displays. As such, TLi
has developed the world’s first timing controller for the 120Hz FHD TV
in 2007, one of the most important ICs in TFT LCD panels. TLi has
applied the display port interface to the timing controller, and is
aiming to become the world’s leader in 240Hz FHD TV Technology. TLi has
been a prominent contributor to other advancements in the LCD industry.
As an integral part of the semiconductor industry in Korea and a leading
pioneer since its foundation in 1998, TLi’s innovations and technical
developments have been based on continuous creativity and a spirit to
face challenges.
TLi autonomously developed the analog IP, in combination with reliable,
accelerated and precise product development, and is the result of
collaboration between excellent analog IP and digital design technology,
after many years of R&D to satisfy clients. Since 2011, TLi utilizes
expertise attained from R&D to envision, develop and manufacture
advanced motion sensors and flash controllers for the mobile industry
with a remarkable expectation of revenues in the sensor industry. For
more information, please visit: http://tli.co.kr/eng/
About TowerJazz
Tower Semiconductor Ltd. (NASDAQ: TSEM, TASE: TSEM), its fully owned
U.S. subsidiary Jazz Semiconductor Ltd., and its fully owned
Japanese subsidiary TowerJazz Japan, Ltd., operate collectively under
the brand name TowerJazz, the global specialty foundry leader. 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) Technology Optimization 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 www.towerjazz.com.
Safe Harbor Regarding Forward-Looking Statements
This press release includes forward-looking statements, which are
subject to risks and uncertainties. Actual results may vary from those
projected or implied by such forward-looking statements. A complete
discussion of risks and uncertainties that may affect the accuracy of
forward-looking statements included in this press release or which may
otherwise affect TowerJazz’s business is included under the heading
"Risk Factors" in Tower’s most recent filings on Forms 20-F, F-3, F-4
and 6-K, as were filed with the Securities and Exchange Commission (the
“SEC”) and the Israel Securities Authority and Jazz’s most recent
filings on Forms 10-K and 10-Q, as were filed with the SEC,
respectively. Tower and Jazz do not intend to update, and expressly
disclaim any obligation to update, the information contained in this
release.
Source: TowerJazz
TowerJazz
Company/Media Contact in Asia:
Shoko Saimiya,
81-795-23-6609
saimiya@towerjazz.com
or
Investor
Relations Contact
Noit Levi, +972-4-604-7066
noit.levi@towerjazz.com
or
TLi
Company Contact:
Sangil Lee, 82-31-784-6815
silee@tli.co.kr