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Product category: Electronics Manufacturing Services
News Release from: Tower Semiconductor
Edited by the Electronicstalk Editorial Team on 20 June 2006

European company signs for DECT IC
supply

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Tower Semiconductor has signed a committed sales agreement to manufacture mixed-mode ICs for a major European fabless company.

Tower Semiconductor has signed a committed sales agreement to manufacture mixed-mode ICs for a major European fabless company The agreement includes a mutual commitment which amounts to the range of $10 million in sales during 2006

The products are used in DECT cordless phones and wireless game controllers.

According to market analysts, the market for residential DECT-based phones will increase from 38 million units in 2005 to more than 55 million units in 2009.

The video game console market is estimated to grow from approximately 40 million units in 2005 to 70 million units in 2008.

Tower and the customer ramped the new products into volume manufacturing in 0.18-micron technology, at Tower's Fab2, in a record time of 3 months.

"Tower's advanced technology and customer service enabled us to win this opportunity and penetrate to a new segment in a rapidly growing market", said Hagay Dvir, Tower's Vice President of Sales for Europe, Israel and Asia.

"We look forward to further expand our relationship with this and with additional European fabless companies during 2007".

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