SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
For the month of October 2009 No. 6
TOWER SEMICONDUCTOR
LTD.
(Translation of
registrants name into English)
Ramat Gavriel
Industrial Park
P.O. Box 619, Migdal
Haemek, Israel 23105
(Address of principal
executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F x Form 40-F o
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No x
On October 20, 2009, the registrant announces CMOSIS Ramps First Off-the-Shelf High Resolution Sensor using Tower Semiconductors Specialty 0.18-micron CMOS Image Sensor Technology.
This Form 6-K is being incorporated by reference into all effective registration statements filed by us under the Securities Act of 1933.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: October 20, 2009 |
TOWER SEMICONDUCTOR LTD. By: /s/ Nati Somekh Gilboa Nati Somekh Gilboa Corporate Secretary |
CMOSIS
Ramps First Off-the-Shelf High Resolution Sensor using Tower
Semiconductors
Specialty 0.18-micron CMOS Image Sensor Technology
2.2
Megapixel CMV2000 is targeted at demanding machine vision sensor market,
estimated at
~$200M
ANTWERP, Belgium and MIGDAL HAEMEK, Israel, October 20, 2009 CMOSIS, an independent developer and supplier of high end CMOS image sensors for professional imaging applications, and Tower Semiconductor, Ltd. (Nasdaq: TSEM, TASE: TASE: TSEM), the leading global specialty foundry, today announced CMOSIS has ramped its first off-the-shelf high resolution sensor (CMV2000) using Towers advanced 0.18-micron CMOS image sensor (CIS) technology. This highly integrated image sensor targets machine vision applications and enables global shutter (snapshot) operation and fast on-chip analog to digital conversion (ADC) to meet this markets demanding requirements for leading-edge performance, advanced features, and reduced die size and price.
CMOSIS estimates the machine vision sensor market at ~$200M (CCD and CMOS combined). Tower and CMOSIS are well-positioned to win a significant share of future industrial and professional CMOS image sensor markets as next-generation CMV2000 sensors could also be used for automotive and security applications.
We chose Tower based on its advanced CMOS technology and process flexibility which allowed us to explore more options leading to stronger and more reliable performance. With other foundries, you have to stay within smaller technical boundaries, said Luc De Mey, CMOSIS CEO. In addition, we found easy accessibility to Towers excellent R&D support and we value the long term process availability that Tower offers.
CMOSIS, its key personnel, and its IP are well known in the industry. Combined with our expertise in CMOS image sensors, we are able to provide them an edge in the market, said Dr. Avi Strum, Vice President and General Manager of Towers Specialty Business Unit. Our dominant position especially in Europe, Korea and the U.S. has been proven by our many customer engagements and CMOSIS now joins the club of leading edge companies who have chosen Tower for our specialty process superiority over every other foundry.
CMOSIS also selected Towers advanced 0.18-micron process for its aggressive layout rules, allowing a novel pixel structure featuring a pixel size of 5.5µm x 5.5µm which is needed to stay close to a 2/3 optical format with 2.2M pixel resolution and form factor. The CMV2000 combines a pipelined global shutter operation that allows true correlated double sampling and a full-frame rate of 300 fps and yields an unprecedented low noise level below 18 electrons and 16-channel LVDS interfacing. The CMV2000 integrates a high performance 10bit column ADC on-chip which features a slow 12bit mode and multiple HDR modes, all housed in a very compact 95pin ceramic PGA package.
Availability
Samples of the CMV2000 are currently
released to specified CMOSIS customers. Full production will ramp in early 2010. A 4
Megapixel version of the new sensor, named CMV4000, will be available to camera
manufacturers beginning May 2010.
About CMOSIS
CMOSIS is a pure-play supplier of
standard off-the-shelf and application-specific CMOS image sensors for the industrial and
professional market covering applications such as machine vision, scientific, medical,
automatic data capture and space. CMOSIS was conceived as a fabless CMOS image sensor
vendor providing in-house design, characterization and qualification facilities for
research, development and volume production. CMOSIS currently employs 15 people and is
headquartered in Antwerp, Belgium (www.cmosis.com).
About Tower
Semiconductor, Ltd. and Jazz Semiconductor, Inc.
Tower Semiconductor Ltd. (NASDAQ:
TSEM, TASE: TSEM) is a global specialty foundry leader and its fully owned subsidiary Jazz
Semiconductor, a Tower Group Company is a leader in Analog-Intensive Mixed-Signal (AIMS)
foundry solutions. Tower and Jazz manufacture integrated circuits with geometries
ranging from 1.0 to 0.13-micron and provide industry leading design enablement tools to
allow complex designs to be achieved quickly and more accurately. Tower and Jazz offer a
broad range of process technologies including Digital, Mixed-Signal and RFCMOS, HV CMOS,
BCD, Non-Volatile Memory (NVM), Embedded NVM, MEMS, and CMOS Image Sensors. To provide
world-class customer service, Tower and Jazz maintain two manufacturing facilities in
Israel and one in the U.S. with additional manufacturing capacity available in China
through partnerships with ASMC and HHNEC. For more information, please visit
www.towersemi.com and www.jazzsemi.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
Towers and Jazzs business is included under the heading Risk
Factors in Towers 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 Jazzs most recent filings on Forms 10-K and 10-Q, as were
filed with the SEC. Tower and Jazz do not intend to update, and expressly disclaim any
obligation to update, the information contained in this release.
For Tower: | For CMOSIS: |
Company Contact: | Company & Media Contact: |
Melinda Jarrell | Lou Hermans |
(949) 435-8181 | +32 3 260 17 30 |
melinda.jarrell@tower-usa.com | lou.hermans@cmosis.com |
Media Contact: | |
Lauri Julian | |
(949) 715-3049 | |
lauri.julian@jazzsemi.com | |
Investor Relations Contact: | |
Noit Levi | |
+972 4 604 7066 | |
noitle@towersemi.com |