Tower Semiconductor, Ltd. , and its fully owned U.S. subsidiary Jazz Semiconductor, Inc., today announced they have signed a Memorandum of Understanding with SVTC Technologies that will expand Tower and Jazz's Aerospace and Defense MEMS customer base while providing SVTC's A&D customers with access to select Jazz technology and U.S. manufacturing facilities. The collaboration will make possible the integration of advanced CMOS with existing RF and mixed-signal devices, enabling multiple functions on a single piece of silicon in A&D applications such as aircraft radar and communications devices, among others.
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MEMS (Micro-electro-mechanical systems) devices are one of the fastest growing technology areas, integrating mechanical elements, sensors, actuators, and electronics on a common silicon substrate. They have proven to be a key enabling technology in A&D applications in markets such as transportation and telecommunications. According to a global forecast of the overall MEMS market by the Electronics Industry Market Research and Knowledge Network, the worldwide market for MEMS devices and production equipment was worth an estimated $5 billion in 2005, and will increase to $12.5 billion through 2010, an average annual growth rate (AAGR) of more than 20%.
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