Company: TSEM
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001178913-25-001537
Chunk: 141

Company: TOWER SEMICONDUCTOR LTD
Filing Date: 2025-04-30
Form: 20-F
Item: Item 4
Chunk 141
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 TPSCo. We augmented this technology with additional deep trenches (DTI) between pixels as well as a unique layer to enhance near infrared response.
 
We specially developed our near Infra-Red imaging technology and a series of spectrally sensitive image sensors, including proximity sensors and sensors sensitive in the UV range. In addition, we developed SPAD (Single Photon Avalanche Diodes) technology for dToF (direct Time of Flight) LIDAR (Light Detection and Ranging) applications in mobile devices, smart automotive Advanced Driver Assistance Systems (ADAS) and Autonomous Driving (AD) vehicles. We also further developed our stacked technology to support the stacking of a very advanced technology node CMOS wafer with a state-of-the-art SPAD imager, with pixel level electrical connections between the wafers.
 

 MEMS and Displays
 
In the MEMS area, we utilize MEMS switch technology for fast RF antenna switching and accelerometers for various applications. The rapid growth of the VR headset and AR glasses markets has created a demand for high-resolution OLED small displays, which can only be manufactured on a silicon backplane. We have developed a highly competitive silicon backplane technology for the OLEDoS (OLED on Silicon) market, primarily targeting the VR market. Our offering includes a 5V-based platform with extended 8V native LDMOS ultra-low leakage transistors and highly dense capacitors. Due to the large size of these displays compared to regular CMOS dies, we believe that this market may grow substantially.
 
We continue to invest in technology that enhances performance and integration levels while reducing the cost of analog and mixed-signal products. This includes improving the density of passive elements such as capacitors and inductors, developing new passive elements, enhancing the analog performance and voltage handling capability of active devices, and integrating additional advanced features into our specialty CMOS processes.
 
CUSTOMERS, MARKETING AND SALES
 
Our marketing and sales strategy aims to further solidify our position as the leading foundry for high-value analog semiconductor solutions, by increasing our market share with existing customers and expanding our global customer base. We have marketing, sales, design support engineers, field application engineers, and customer support personnel located in many countries worldwide. These individuals are selected for their industry experience, customer relationships, and understanding of the semiconductor marketplace.
 
Our sales cycle generally ranges from 9 to 24 months or longer for new customers and can be as short as 6 to 12 months for existing customers. The typical stages in