TowerJazz, the global specialty foundry leader, announced today the
extension of its business relationship with International Rectifier
(IR), a world leader in power management technology, by entering into a
seven-year agreement under the terms of which TowerJazz will manufacture
multiple product families for IR.
IR chose to extend its relationship with TowerJazz due to a history of
proven success in working with TowerJazz's TOPS (Transfer Optimization
and Process Services) business unit; a group with engineering
proficiency and proven models to enable Integrated Device Manufacturers
(IDMs) the shortest qualification time and fastest time-to-market for
moving their manufacturing into high volume foundries. As part of this
latest collaboration, IR will use multiple fabs from TowerJazz. The
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