Tower Semiconductor (TSEM) Presents At 22nd Annual Needham Growth Conference - Slideshow

Financial Performance & Targets - TowerJazz's annual revenue increased significantly over the years: $102 million in 2005, $509 million in 2010, $961 million in 2015, and $1240 million in 2019[6, 10] - The company aims for overall growth in 2020 with organic growth in the low double digits[14] - TowerJazz's EBITDA increased from -$27 million in 2005 to $300 million in 2019[10] - Cash from Operations increased from -$60 million in 2005 to $290 million in 2019[10] Capacity & Manufacturing - TowerJazz is focused on filling its 200mm and 300mm factories[19, 62] - The company intends to increase 300mm capacity to meet mid- to long-term demand and drive future growth across business units[20, 63] - TowerJazz has substantial 300mm capacity capability serving all its business units[14] Market Opportunities & Technologies - TowerJazz is expanding its 300mm business in Analog IC, particularly in RF SOI and 65nm BCD technologies[22, 23] - The company aims to capitalize on the 5G opportunity, expecting a 17% CAGR for the RF market[22] - TowerJazz holds over 60% market share in the SiGe market for optical transceiver electronics[39, 42] - The MicroLED display market is forecasted to reach $71 billion by 2027 with a CAGR of approximately 65%[46] - The MEMS microphone market is projected to reach $1.6 billion in 2024 with a 63% CAGR[49] - The xMR sensor market (AMR, GMR, TMR) is forecasted to be 31% of the total magnetic sensor market, reaching $078 billion in 2022[52]