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highlighting select Tower Semiconductor and Partners papers at IMS and RFICJune 2021

MIGDAL HAEMEK, Israel, - June 15, 2021 Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced technology papers at IMS 2021 and co-hosted RFIC conferenceaddressingemerging and high-volume semiconductor markets; and in all cases demonstrating breakthrough figure of merit performances using Tower Semiconductor process device technologies.

The selected publications use Tower Semiconductors RF and millimeter-wave technologies to address the needs of communications markets including 5G, millimeter-wave RF, satellite communications, and quantum computing. These path-breaking works include novel technology demonstrations of low noise amplifiers; phased arrays and beam steering, wide frequency band RF components, millimeter-wave frequency capable switches & new switch configurations, full 5G demonstrations, and even cryogenic circuits with record phase noise for quantum computing. Paper titles, links to the abstracts and IMS/RFIC related schedules are listed below.

In addition, the Company will take part in the exhibitors virtual talks, scheduled for Monday, June 21, 2021, from 09:00 to 18:00 at AUDITORIUM 6. Towers presentation: Accelerate beyond 5G with Tower, will be presented by Dr. Amol Kalburge, Sr. Director, Analog Marketing and will address the 5G market rapid adoption, showcasing the Companys complete portfolio of solutions, both in silicon and in design enablement, to help catalyze this accelerating demand. The session will specifically cover Towers RF Front End SOI and SiGe solutions and discuss how its revolutionary Phase Change Materials (PCM) switch technology is ready to enable a new class of innovative products.

For additional information on the IMS 2021 online event and complete program, please visit the events website here.

*List of papers, abstract links and IMS/RFIC presentation schedule:

Novel Phase Change Material RF Switches for 5G & millimeter-wave:

Quantum Computing:

SiGe BiCMOS for 5G, Satellite Communications, mmWave phased arrays:

List of papers can also be accessed from the Companys website by using this link.

For more information about Tower Semiconductors RF technology platform, visit here.

About Tower Semiconductor

Tower Semiconductor Ltd. (NASDAQ: TSEM, TASE: TSEM), the leading foundry of high value analog semiconductor solutions, provides technology and manufacturing platforms for integrated circuits (ICs) in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense. Tower Semiconductor focuses on creating positive and sustainable impact on the world through long term partnerships and its advanced and innovative analog technology offering, comprised of a broad range of customizable process platforms such as SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, integrated power management (BCD and 700V), and MEMS. Tower Semiconductor also provides world-class design enablement for a quick and accurate design cycle as well as Transfer Optimization and development Process Services (TOPS) to IDMs and fabless companies. To provide multi-fab sourcing and extended capacity for its customers, Tower Semiconductor operates two manufacturing facilities in Israel (150mm and 200mm), two in the U.S. (200mm) and three facilities in Japan (two 200mm and one 300mm) through TPSCo. For more information, please visit:www.towersemi.com.

###Tower Semiconductor Company Contact: Orit Shahar | +972-74-7377440 | oritsha@towersemi.comTower Semiconductor Investor Relations Contact: Noit Levy | +972-4-604-7066 | noitle@towersemi.com

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Tower to Present at 2021 IMS Addressing the Future of - GlobeNewswire