FORM
6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
For the month of
February 2010 No. 7
TOWER
SEMICONDUCTOR LTD.
(Translation
of registrant's 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
S Form
40-F £
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 £ No
S
On
February 22, 2010, the registrant announces TowerJazz Rolls Out Full Library of
Patented Y-Flash Non-Volatile Memory Blocks at APEC 2010.
This Form
6-K is being incorporated by reference into all effective registration
statements filed by us under the Securities Act of 1933.
SIGNATURES
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.
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TOWER
SEMICONDUCTOR LTD.
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Date:
February 22, 2010
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By:
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/s/ Nati Somekh Gilboa
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Name:
Nati Somekh Gilboa
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Title:
Corporate Secretary
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TowerJazz
Rolls Out Full Library of Patented Y-Flash
Non-Volatile
Memory Blocks at APEC 2010
PALM SPRINGS, Calif., February 22,
2010 – TowerJazz, the global
specialty foundry leader, today announced its full library of Y-Flash
Non-Volatile Memory (NVM) building blocks at the Applied Power Electronics
Conference (APEC), Booth #413, in Palm Springs, Calif., Feb. 22-24,
2010. This patented Y-Flash technology,
not available from any other foundry in the industry, is designed to give
customers flexibility on memory size, allowing optimization of performance/cost
for any given application. TowerJazz invented its Y-Flash building
blocks to meet the ever expanding customer needs for NVM in today’s power
supplies for consumer, medical, industrial and automotive applications. VDC
Research forecasts worldwide shipment of power management ICs to grow more than
10% annually through 2012.
Y-Flash
is the leading solution for NVM in the market today due its small cell size,
zero mask adder and flexibility to implement various memory
sizes. Current competing NVM solutions for medium density memories
add 11 or more masks to the process flow, over the standard ~20 masks, making it
impossible to have a one-chip solution for digital power management. Y-Flash can
support a variety of memory densities from a few bits for trimming and chip ID
applications up to 256Kb and more for code storage. NVM blocks that utilize this
proprietary technology include array sizes that are up to five times smaller
than other competitive solutions and can be built using only one gate oxide
allowing for ultra low cost designs. Y-Flash is well-suited for applications
such as digital controlled power, portable products and products requiring very
tight and well matched IOs.
TowerJazz’s
Y-Flash module was recently integrated into Exar Corporation’s
latest digital power management design and Richard Randlett, Division Vice
President, Advanced Analog Design commented, “TowerJazz has long experience and
expertise in NVM technology and is well known in the industry and highly
appreciated by Exar. We will definitely gain a great deal by using this
technology in our new line of digital power products.”
“Our new
Y-Flash memory blocks are an industry leading solution for NVM technology and
further validate our business strategy and commitment to providing the most
complete power management platform in the industry,” said Dr. Avi Strum, Vice
President and General Manager, Specialty Business Unit at TowerJazz. “We
developed this proprietary technology to further enhance our power management
offerings, allowing for faster design cycles and lower cost designs for the
emerging digital power applications.”
Availability
The
Y-Flash IP is available in the TS35PM/TS18PM design kits. This IP
combined with TowerJazz’s continuously customizable LDMOS from 20V to 80V
process provides design flexibility and optimization demanded by today’s power
management ICs.
About
TowerJazz
Tower
Semiconductor Ltd. (NASDAQ: TSEM, TASE: TSEM),
the global specialty foundry
leader and its fully owned U.S. subsidiary Jazz Semiconductor,
operate collectively under the brand name TowerJazz,
manufacturing integrated circuits with geometries ranging from
1.0 to 0.13-micron. TowerJazz provides industry leading
design enablement tools to allow complex designs to be achieved quickly and
more accurately and offers a broad range of customizable process
technologies including SiGe, BiCMOS, Mixed-Signal and RFCMOS, CMOS Image Sensor,
Power Management (BCD), and Non-Volatile Memory (NVM) as well as MEMS
capabilities. To provide world-class customer service, TowerJazz maintains
two manufacturing facilities in Israel and one in the U.S. with additional
capacity available in China through manufacturing partnerships. 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 Tower and/or Jazz’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.
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Company
Contact:
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Investor
Relations Contact: |
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Melinda
Jarrell
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Levi
Noit |
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949/435-8181
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+972
4 604 7066 |
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melinda.jarrell@towerjazz.com
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noit.levi@towerjazz.com
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| Media
Contact: |
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| Lauri
Julian |
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| 949/715-3049 |
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lauri.julian@towerjazz.com
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