Tower Semiconductor Cooperates With Waves Audio and VLSI Solution to Improve Sound Quality of LCD TVs25 July 2006
Tower Semiconductor Ltd. (NASDAQ: TSEM; TASE: TSEM), a pure-play independent specialty foundry, today announced production start of MaxxBass(r) ASIC product. A result of joint collaboration between Waves Audio, VLSI Solution and Tower, the product was enhanced to meet JVC's stringent requirements for audio quality.
The dramatic improvement in sound quality of small speakers achieved through the new product opens up a whole new realm of possible applications including LCD TVs, notebook computers, portable loudspeakers and car audio.
The business model between the companies allows each to effectively contribute its expertise to the success of this project. Waves Audio provides its patented psychoacoustic audio algorithm and system expertise; VLSI Solution provides its expertise in mixed signal semiconductor design, and Tower provides volume production manufacturing capabilities.
"Waves strategy in the CE market is to deliver audio solutions that compensate for limitations in small loudspeakers. The acoustics has become the A/V bottleneck for a wide range of consumer products, and Waves has unique psycho-acoustic algorithms to compensate for these limitations," said Paul Bundschuh, vice president sales and marketing, Waves Semiconductor and OEM Licensing Division. "Waves executes our CE strategy by being both a fab-less and design-less semiconductor company and by working closely with our design and manufacturing partners to service our customers' needs. Waves success at JVC and other firms would not be possible without the excellent support from VLSI Solution and Tower Semiconductor."
"VLSI Solution has developed a strong relationship with Waves which utilizes our semiconductor design expertise", said Tapani Ritoniemi, president of VLSI Solution Oy. "By leveraging the best capabilities of each firm, VLSI is pleased to assist Waves in becoming highly competitive semiconductor vendor in the consumer electronics industry."
"Apart from the immediate contribution to Tower's revenue from a growing new market segment, we believe that such collaborative projects open the door to many new opportunities", said Yossi Netzer, general manager of mixed-signal & RF product line at Tower Semiconductor. "Tower's involvement and investment in such collaborative projects is important to the continued growth of the company."
About Tower Semiconductor Ltd.
Tower Semiconductor Ltd. is a pure-play independent wafer foundry established in 1993. The company manufactures integrated circuits with geometries ranging from 1.0 to 0.13 micron; it also provides complementary technical services and design support. In addition to digital CMOS process technology, Tower offers advanced non-volatile memory solutions, mixed-signal and CMOS image-sensor technologies. To provide world-class customer service, the company maintains two manufacturing facilities: Fab 1 has process technologies from 1.0 to 0.35 micron and can produce up to 16,000 150mm wafers per month. Fab 2 features 0.18-micron and below standard and specialized process technologies, and has the current capacity of up to 15,000 200mm wafers per month. Tower's Web site is located at http://www.towersemi.com.
About Waves Audio Ltd.
Waves is the world's leading provider of audio signal processing tools for professionals. Its processors are used to improve sound quality in the creation of practically all of the world's most popular music, movie soundtrack and multimedia titles. Waves offers both award-winning embedded software for digital audio workstations and various hardware product tools to the world's most successful and demanding audio professionals. For more information, visit http://www.waves.com.
About VLSI Solution Oy
VLSI Solution Oy is a design and manufacturing service company, offering multi-level technology licensing, product development and custom IC sales. The company has also developed its own audio decoder family and offered as standard products.
VLSI Solution Oy has competence especially In Multimedia, Signal Processing Systems, Telecommunications and Mixed-Signal Industrial Electronics. Founded in 1991, the company is located in Tampere Technology Center Hermia in Finland. For more information, visit http://www.vlsi.fi.
Safe Harbor
This press release includes forward-looking statements, which are subject to risks and uncertainties. Actual results may vary from those projected or implied by such forward-looking statements. A complete discussion of risks and uncertainties that may affect the accuracy of forward-looking statements included in this press release or which may otherwise affect our business is included under the heading "Risk Factors" in our most recent Annual Report on Forms 20-F, F-1, F-3 and 6-K, as were filed with the Securities and Exchange Commission and the Israel Securities Authority. We do not intend to update, and expressly disclaim any obligation to update, the information contained in this release.
Contacts:
Tower Semiconductor USA:
Michael Axelrod, +1-408-330-6871
pr@towersemi.com
Source: prnewswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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