Thursday, November 14, 2019

TowerJazz Q3 2019 Earnings Call

SeekingAlpha: TowerJazz updates on its image sensor business during its quarterly earnings call:

"Looking at our sensor business, we have new projects in the pipeline with large customers on our 65-nanometre global shutter platform that we expect will materialize towards the end of next year. While sales of the existing products are still growing. Although soft year-to-date, the industrial sensor market is beginning to recover and we’ve received double digit growth through 2020.

Our recent announcement of a wafer stacking backside illumination flow connecting a top thin BSI imaging wafer to a bottom CMOS wafer on our 65 nanometers, 300-millimeter technology has generated much interest. We’re in various engagements with significant customers for projects using this technology and the time of flight market mainly for face recognition.

We also continue our work with multiple customers on optical fingerprint solutions for under OLED and under LCD displays as well as we are seeing good adoption of our stitch single die, 300-millimeter substrate x-ray sensors.
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