TowerJazz and Ranix announce a partnership to develop RF transceivers to be used in V2X and ETCS Systems for the Automotive M...
January 22 2019 - 4:30AM
Ranix has secured over 90% share of ETCS
modem in the Korean automotive market; expected to expand into
China
MIGDAL HAEMEK, Israel and Seoul, Korea,
January 22, 2019 – TowerJazz, the global specialty foundry
leader, and Ranix, a total solution provider for automotive
communication and IoT security, today announced the development of
RF transceivers for V2X (Vehicle-to-everything) and ETCS
(Electronic Toll Collection System) modems for the automotive
market based on TowerJazz’s advanced RF manufacturing platform.
Ranix’s RF transceiver design is specifically customized for ETCS
and V2X modems.
RF transceiver for V2X modem is targeting the
growing worldwide automotive market’s need for WAVE (Wireless
Access in Vehicle Environments) systems. Ranix is the sole domestic
Korean company providing V2X solutions for Korea’s automobile
market and largest manufactures, expecting to
expand its presence worldwide as well. The RF transceiver for ETCS
has been designed to be compliant with the Korean and Chinese
market standards to serve both of these markets with high
performance and cost-effective solutions.
As the demand for autonomous driving is
increasing, there is a constantly rising need for V2X modems
offering sophisticated solutions along with enhanced RF
communication capabilities. Vehicle-to-everything (V2X)
communication modules are in charge of passing information from a
vehicle to any entity that may affect it, and vice versa. These
modules incorporates specific types of communications such as V2I
(vehicle-to-infrastructure), V2N (vehicle-to-network), V2V
(vehicle-to-vehicle), V2P (vehicle-to-pedestrian), V2D
(vehicle-to-device) and V2G (vehicle-to-grid). These systems
serve a variety of today’s ever evolving automotive market
requirements among which are road safety, traffic efficiency, and
energy savings. Visiongain estimates the market of V2X modules in
vehicles to reach a 24% CAGR between 2015-2025.
“Ranix’s RF transceivers are designed to provide
high RF performance for our developed ETCS and V2X solutions for
the automotive market. As RF communication requirements in the
automotive system become more complex, we need the optimized RF
transceiver to provide excellent performance. We chose
TowerJazz’s automotive-qualified RF platform for its combination of
good performance and top accurate models. This collaboration
between Ranix and TowerJazz was a natural fit and we look forward
to cooperate as strategic partners,” said SoungWook Choi, CEO,
Ranix Inc.
“We are delighted to cooperate with Ranix in
designing RF transceiver modems for the automotive market.
TowerJazz’s reputable and highly accurate PDK modeling, it’s
AEC-Q100 qualified processes and vast manufacturing expertise
provides Ranix with the optimal development and manufacturing
platform,” said Michael Song, President TowerJazz Korea and Vice
President of Sales Korea.
For more information about TowerJazz’s process
technology offerings, please click here or inquire
at: info@towerjazz.com.
About Ranix RANIX Ltd. is a
company perpetually challenging in research and development to
provide the best system semiconductors and solutions, confronted
with the convergence and integration era between industries
changing rapidly. Ranix is committed to developing core
technologies of autonomous vehicles and internet of things(IoT),
which are national core strategic projects to lead the future of a
nation. Having a sense of national duty, we are driving our best
effort into developing new cutting-edge and competitive
semiconductors at the forefront for more than 15 years. DSRC modem
chip, a Korea standard automobile dedicated communication protocol,
was launched successfully in 2007 and is built into the
ETCS(Electronic Toll Collection System) which in total occupies
about 90% of Korea ETCS before market. The development of system
semiconductor should be preceded before everything else in order to
spread new R&D technologies on their target market. It’s
sometimes arduous and struggling to overcome the risks and pioneer
new technologies at the forefront but we are making an earnest
effort with a sense of duty and passion to enhance national
competitiveness and to raise status of national technology. All
members of RANIX will always do our best to grow into a global
company representing the Republic of Korea.
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 Company Contact: Shoko
Saimiya | Shoko.saimiya@towerjazz.comTowerJazz Investor
Relations Contact: Noit Levi | +972-4-604-7066 |
noit.levi@towerjazz.com
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