7 April 2011

TowerJazz opens China office and appoints Country Manager

Specialty foundry TowerJazz (which has two fabrication plants at Tower Semiconductor Ltd in Migdal Haemek, Israel plus one at its US subsidiary Jazz Semiconductor in Newport Beach, CA) has opened an office in Shanghai, China and appointed Lei Qin as China Country Manager to increase business presence and activity in the region. TowerJazz currently serves fabless companies in China providing RF products (e.g. for base-stations, GPS etc). The firm also has access to additional production capacity in China through manufacturing partnerships.

TowerJazz is focused on providing increased business and technical support in China to address the growing demand in the RF market as well as in power management, CMOS image sensors (CIS), MEMS and other applications (including ICs using process technology based on silicon-germanium). According to the China Semiconductor Industry Association (CSIA), China’s IC market revenues represent 38% of the $102bn worldwide IC industry market.

“Lei Qin’s extensive industry experience in China will help further our business and relationships in this region, extending our offerings in advanced specialty process technologies to enable customers in China to optimize their product performance and power,” says TowerJazz’s VP of sales Dani Ashkenazi. “This newly created role evidences the importance of the China market and demonstrates TowerJazz’s commitment to further grow its customer base in China,” he adds. “The fabless business in China has grown rapidly and will continue to grow in the future,” notes Lei Qin.

Tags: TowerJazz

Visit: www.towerjazz.com

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