Tuesday, November 09, 2021

Tower Semi Updates on its Imaging Business

SeekingAlpha: Tower Semi Q3 earnings call gives an update on the company's imaging business:

"Our imaging business represented more than 15% of our revenues. We continue to see very strong demand in the industrial and machine vision markets, as well as the medical and dental X-ray markets. Our customers in these areas are highly interested in securing capacity for the coming years, seeing long-term market demand.

We recently partnered with the University of Southern California to announce a breakthrough development in LiDAR IC technology designed for advanced driver assistance systems, and ultimately self-driving cars.

Our stitch field sensors is very high margin. Overall the imaging margins are very strong. Even non-stitch field imaging margins are very strong..."

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