Tower Semiconductor specializes in high-value analog semiconductor solutions, producing integrated circuits based on customer designs across various process geometries on different wafer sizes. Its ICs serve markets like consumer electronics, automotive, and medical devices.
TSEM has been in the news recently: Raimondi Cranes has agreed to acquire Terex Corporation's Tower Cranes, Self-Erecting Cranes, and Rough Terrain Cranes, which will add 250 employees to its workforce. The transaction is expected to close in late 2025, strengthening Raimondi's position in the global crane market.
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