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24/7
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18:17
The Midas of chips does it again with Astera Labs
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There were many basic assumptions about women in the military. They didn’t hold after October 7
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Automotive cyber startup C2A Security nets long-term agreement to protect Daimler Truck
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Israeli high-tech shows signs of recovery with $1.6 billion raised in 105 rounds in Q1 of 2024
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Russell Ellwanger
4 stories about Russell Ellwanger
Tower shutting down one Israeli chip factory, pegs hopes on Indian market
15.02.24
|
Sophie Shulman
CEO Russell Ellwanger said all of the employees from Fab 1 in Migdal Ha’Emek will receive offers to either work in Fab 2 or one of the factories abroad. "There's no point in keeping a factory alive if it's operating at a loss," said Ellwanger. "I've never been more bullish on Tower's future"
Tower extremely optimistic regarding chip business, but needs to back up words with results
21.12.23
|
Uri Tal-Tenne
In a presentation published with the third quarter reports, Tower revealed a long-term model of sales and profitability potential in which the company's revenues will jump to $2.66 billion, an increase of 87% compared to this year's expected revenues, and the operating profit will jump by 166% to $560 million
Principles towards success
05.05.22
|
Russell Ellwanger
"John F. Kennedy stated: “I am an idealist without illusions." Such is the Tower DNA. If one relentlessly pursues high ideals, treats friendships as the treasure most dear with the understanding that friendship and loyalty are synonymous, such a person has a deep fountain of power," writes Russell Ellwanger, CEO of Tower Semiconductor
TowerJazz CEO Steers Company Through Troubled Water
27.12.17
|
Uri Tal-Tene and Eli Shimony
In 2016, Israel-based chip manufacturer's sales totaled $1.4 billion, with an all-time high of $355 million in the third quarter of 2017
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