Tower Semiconductor (TSEM) has released an update.
Tower Semiconductor, a leading analog semiconductor foundry, has announced strategic partnerships to develop advanced silicon photonics-based optical transceivers, targeting the rapidly growing markets of AI, datacenters, and telecom. The company’s collaboration with InnoLight Technology and recognition by Coherent Corp. as an Outstanding Innovation and Technology Supplier underscore its commitment to technology leadership. These initiatives are expected to capitalize on the silicon photonics market’s robust growth, projected by Yole Group to expand at a 44% CAGR from 2022 to 2028.
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