TowerJazz Announces DENSO Corporation utilized its Advanced 0.18um SiGe Technology to Develop a 24GHz Rear and Side Radar Sen...
August 14 2017 - 6:30AM
TowerJazz, the global specialty foundry leader,
announced today that its 0.18um advanced SiGe technology was used
to develop a 24-GHz rear and side radar sensor for DENSO
Corporation, a leading supplier of advanced automotive technology,
systems and components for major automakers. This sensor, using
TowerJazz’s submillimeter-wave technology, is used in the Toyota
Camry that was released in North America in July and it will help
enhance the vehicle safety system.
DENSO’s rear and side radar sensor system offers
SRR (short range radar), enabled by TowerJazz’s advanced SiGe
process, which helps alert the driver of vehicles approaching from
behind when changing lanes and when reversing. It also helps
perform automatic braking when reversing. According to Global
Market Insights, the global automotive radar market size is
estimated to exceed $5 billion by 2023. The advent of self-driven
cars is anticipated to drive industry growth over the forecast
period.
DENSO chose TowerJazz’s SBC18 process as this
technology combines high-performance SiGe transistors for the
transmission and reception of the radar signal together with 0.18um
CMOS for the integration of digital control functions on a single
chip. TowerJazz’s accurate models for first time success and
automotive quality certification were also important factors in the
decision.
“TowerJazz’s leading SiGe technology enabled us
to create the collision avoidance system which is our flagship
offering,” said Mr. Kazuma Natsume, Director, Advanced Safety
Engineering Division 2, DENSO Corporation. “TowerJazz’s advanced
process enabled the engineers to fully achieve the challenging
specs required for next generation short range radar (SRR) for
automotive applications. This solution allows DENSO to be a world
leader in supplying collision avoidance systems for automotive
safety.”
“We are very pleased and proud that our
technologies enabled a partnership with DENSO providing a
differentiated solution for vehicle safety system enhancement,”
said Mr. Russell Ellwanger, Chief Executive Officer, TowerJazz. “We
look forward to grow the partnership and the relationship with
DENSO with this technology entering volume production and fanning
out to multiple automobile models.”
About TowerJazz Tower
Semiconductor Ltd. (NASDAQ:TSEM) (TASE:TSEM) and its subsidiaries
operate collectively under the brand name TowerJazz, the global
specialty foundry leader. TowerJazz manufactures next-generation
integrated circuits (ICs) in growing markets such as consumer,
industrial, automotive, medical and aerospace and defense.
TowerJazz’s advanced technology is comprised of a broad range of
customizable process platforms such as: SiGe, BiCMOS,
mixed-signal/CMOS, RF CMOS, CMOS image sensor, integrated power
management (BCD and 700V), and MEMS. TowerJazz also provides
world-class design enablement for a quick and accurate design cycle
as well as Transfer Optimization and development Process Services
(TOPS) to IDMs and fabless companies that need to expand capacity.
To provide multi-fab sourcing and extended capacity for its
customers, TowerJazz operates two manufacturing facilities in
Israel (150mm and 200mm), two in the U.S. (200mm) and three
facilities in Japan (two 200mm and one 300mm). For more
information, please visit www.towerjazz.com.
Safe Harbor Regarding Forward-Looking
StatementsThis 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.
TowerJazz Asia-Pacific Company Contact: Shoko Saimiya | Shoko.saimiya@towerjazz.com
TowerJazz Investor Relations Contact: Noit Levi | +972-4-604-7066 | noit.levi@towerjazz.com
Tower Semiconductor (NASDAQ:TSEM)
Historical Stock Chart
From Mar 2024 to Apr 2024
Tower Semiconductor (NASDAQ:TSEM)
Historical Stock Chart
From Apr 2023 to Apr 2024