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  Tower continues string of successes in Korea

The company's sales in Korea are expected to rise to tens of millions of dollars a year by 2012.

Adi Ben-Israel, Globes[online] (8 Sep 2009)


Migdal Ha'Emek-based specialty foundry Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) recently announced new contracts during the working visit to South Korea by CEO Russell Ellwanger. Sources inform ''Globes'' that Tower has also signed three additional contracts that have not yet been disclosed. The company will officially announce one of them shortly, but not the other two because the customers wish to keep the details confidential.

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