Tower Semiconductor to Present at 2024 SEMICON China Addressing Advanced
CMOS Process Technology for Micro Displays
Presenting Company’s state-of-the-art displays backplane technology solutions and its recentdevelopments addressing the evolving AR/VR market needs
MIGDAL HAEMEK, Israel, March 11, 2024 –Tower Semiconductor (NASDAQ/TASE: TSEM), the leader inhigh-value analog semiconductor foundry solutions, today announced its invited presentation at theupcoming 2024 SEMICON China conference. The presentation - Advanced CMOS Process Technology for
Micro Display Manufacturing - will provide an overview of current trends in the sensors and displays field,
highlighting Tower’s recent technological developments for OLED micro displays catering to the evolving
AR/VR market needs in China and worldwide.
The conference will be held in Pudong Kerry Hotel, Shanghai, China on March 20-22, 2024. Tower’s session
will be presented by Dr. Benoit Dupont, Sensors and Display Marketing Director, Tower Semiconductor,
and is scheduled for March 20, 2024, at 11:30 am.
Tower’s sensors and displays platform offers diversified process flows for a great variety of end
applications including medical, consumer, industrial, security, and automotive among others. As part ofthe session, Tower’s recently announced dedicated process for micro display backplane will be presented.
The process, supporting current-driven OLED pixel designs, provides numerous strategic advantages
including high resolution, high brightness, excellent yield, and display uniformity, promote thedevelopment of best-in-class OLED displays.
For additional information about Tower Semiconductor’s sensors and displays technology offerings,
please visit here.
For additional details on Tower Semiconductor’s technology offering, please visit here.
For additional details on SEMICON CHINA 2024, please visit here.

About Tower Semiconductor

Tower Semiconductor Ltd. (NASDAQ/TASE: TSEM), the leading foundry of high value analog semiconductor
solutions, provides technology, development, and process platforms for integrated circuits (ICs) in growing markets
such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense. Tower

Semiconductor focuses on creating positive and sustainable impact on the world through long term partnerships
and its advanced and innovative analog technology offering, comprised of a broad range of customizable process
platforms such as SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, displays,integrated power management (BCD and 700V), photonics, and MEMS. Tower Semiconductor also provides worldclass design enablement for a quick and accurate design cycle as well as process transfer services including
development, transfer, and optimization, to IDMs and fabless companies. To provide multi-fab sourcing andextended capacity for its customers, Tower Semiconductor owns two facilities in Israel (150mm and 200mm), two in
the U.S. (200mm), two in Japan (200mm and 300mm) which it owns through its 51% holdings in TPSCo, a 300mm
facility in Agrate, Italy, shared with ST as well as a 300mm capacity corridor in Intel’s New Mexico factory. For more
information, please visit: www.towersemi.com.
Safe Harbor Regarding Forward-Looking Statements
This press release includes forward-looking statements, which are subject to risks and uncertainties. Actual results may vary from thoseprojected or implied by such forward-looking statements. A complete discussion of risks and uncertainties that may affect the accuracy offorward-looking statements included in this press release or which may otherwise affect Tower’s business is included under the heading “RiskFactors” 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. Tower does not intend to update, and expressly disclaim any obligation to update, the information
contained in this release.

Tower Semiconductor Company Contact: Orit Shahar | +972-74-7377440 | oritsha@towersemi.com
Tower Semiconductor Investor Relations Contact: Noit Levy | +972-4-604-7066 | noitle@towersemi.com