Tower Semiconductor (Nasdaq: TSEM; TASE: TSEM) announced that it had
won a multi-million dollar per month manufacturing deal for its Fab2
at the 0.13-micron technology generation.
Tower described the customer as "a first-tier, US integrated device
manufacturer." It is believed that the manufacturer is in fact
Motorola Inc. (NYSE: MOT). The deal is the second largest in Tower's
Under the deal, technology will be transferred during the coming
several quarters, after which Tower expects to manufacture between
five and eight thousand wafers-per-month, utilizing the new tools it
is purchasing from companies such as AMD and Intel.
The high-volume production shipments are expected to commence towards
the end of 2008. Tower says it expects that the customer, could
become one of its top three customers.