Update From Nazareth |
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| TowerJazz guides toward 90% first quarter growth |
| 01/03/2010 |
| ndependent foundry TowerJazz (Nasdaq: TSEM; TASE: TSEM) reported fourth quarter revenue of $100.6 million, 30% higher than the $77.5 million recorded in the corresponding quarter of 2008.
The company expects strong growth in the first quarter of this year as well. Its guidance is for $110-115 million revenue, 94% more than the corresponding quarter of last year.
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