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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001178913-09-001208.txt : 20090522
<SEC-HEADER>0001178913-09-001208.hdr.sgml : 20090522
<ACCEPTANCE-DATETIME>20090519070423
ACCESSION NUMBER:		0001178913-09-001208
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20090519
FILED AS OF DATE:		20090519
DATE AS OF CHANGE:		20090519

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TOWER SEMICONDUCTOR LTD
		CENTRAL INDEX KEY:			0000928876
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24790
		FILM NUMBER:		09838209

	BUSINESS ADDRESS:	
		STREET 1:		RAMAT GAVRIEL
		STREET 2:		P O BOX 619
		CITY:			MIGDAL HAEMEK 23105
		STATE:			L3
		BUSINESS PHONE:		97246506611

	MAIL ADDRESS:	
		STREET 1:		RAMAT GAVRIEL
		STREET 2:		P O BOX 619
		CITY:			MIGDAL HAEMEK 23105
		STATE:			L3
		ZIP:			N-A
</SEC-HEADER>
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<TYPE>6-K
<SEQUENCE>1
<FILENAME>zk96796.htm
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     <!-- Control Number: 96796                                                            -->
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     <!-- Client Name:    Tower Semiconductor Ltd                                          -->
     <!-- Project Name:   6-K                                                              -->
     <!-- Firm Name:      Zadok-Keinan Ltd                                                 -->
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4>FORM 6-K </FONT></H1>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="4"><B>SECURITIES AND EXCHANGE
COMMISSION</B> </FONT> </P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Washington, D.C. 20549 </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>For the month of May 2009
No. 4 </FONT></P>

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<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="5"><B>TOWER SEMICONDUCTOR
LTD.</B> </FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Translation of registrant&#146;s name into English) </FONT></P>

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<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Ramat Gavriel
Industrial Park</B> </FONT> <BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>P.O. Box 619, Migdal
Haemek, Israel 23105</B> </FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Address of principal
executive offices) </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indicate
by check mark whether the registrant files or will file annual reports under cover Form
20-F or Form 40-F. </FONT></P>

<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2> Form 20-F   <FONT size="3" face="Wingdings">x
</font>   Form 40-F <FONT size="3" face="Wingdings">o
</font></FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indicate
by check mark whether the registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b)
under the Securities Exchange Act of 1934. </FONT></P>

<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2> Yes  <FONT size="3" face="Wingdings">o
</font>     No   <FONT size="3" face="Wingdings">x
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
May 19, 2009, the registrant announce industry&#146;s first scalable Rdson design tool for
growing Power Management market. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Form 6-K is being incorporated by reference into all effective registration statements
filed by us under the Securities Act of 1933. </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized. </FONT></P>

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<TD WIDTH=40%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR><BR>Date: May 19, 2009</FONT></TD>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>TOWER SEMICONDUCTOR LTD.</B><BR><BR>
<BR>By: /s/ Nati Somekh Gilboa<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
Nati Somekh Gilboa<BR>Corporate Secretary</FONT></TD>
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<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="4"><B>Tower and Jazz Semiconductor Announce Industry's First Scalable
<BR>Rdson Design Tool for Growing Power Management Market</B> </FONT>
</P>

<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Enables 10-40% Smaller Die Sizes for Popular Driver Circuits and Faster Design <BR>Cycle Times</B> </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>MIGDAL HAEMEK, Israel and NEWPORT
BEACH, Calif., May 19, 2009 &#150; Tower Semiconductor, Ltd. (NASDAQ: TSEM, TASE: TSEM),
and its fully owned U.S. subsidiary Jazz Semiconductor, Inc., today announced an industry
first scalable Rdson versus breakdown voltage design kit technology (TS18PM) to enable
10-40% smaller die sizes and faster design cycle times targeted at the growing power
management market. The TS18PM sets a new standard for design flexibility by providing a
wide range of process modules under one design kit environment. The capability to maximize
design IP re-use over many market spaces with optimized die size/cost enables customers to
reach markets at design cycle times considered unattainable only a few years ago. The
Tower/Jazz BCD platform addresses 80% of the growing $11 Billion power management IC
market and targets applications such as leading-edge LED drivers, motor controllers,
battery management, and Class-D amplifiers. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The TS18PM process offers high
voltage LDMOS FETs that take advantage of 0.18-micron rules to reduce on-resistance and
size of power cells, enabling optimization and the smallest possible die area for every
power transistor versus competitive solutions. It also includes a unique Y-FLASH zero mask
adder multi-time-programming non-volatile memory (MTP NVM) solution from 64bits for
trimming applications to 64 Kilobits for code storage applications. The TS18PM design kit
includes 20v-60v scalable Rdson NLDMOS/PLDMOS devices as well as advanced 0.18-micron CMOS
and bipolar NPN devices needed in today&#146;s complex power management chips. It also
includes industry leading RF and Thermal modeling, predictive parasitic extraction switch,
high voltage ESD solutions, and extremely dense 5v and 1.8v digital cell libraries for
&#147;digital intensive&#148; designs. In addition, it allows the ability to streamline
the process to a very &#147;cost effective&#148; 20 layers (TS35PM) for Power stage
dominated designs. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#147;The Tower/Jazz power platform
fully satisfied our requirements for accuracy, high quality, and low cost in the design
and development of our LED lighting and power driver solutions,&#148; said Dong Cheol,
Kim, CEO and President of Dongwoon Anatech. &#147;Along with excellent customer service,
we realized superb design, parameter, and modeling accuracy by utilizing their industry
leading BCD process and design kit.&#148; </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#147;The combined design enablement
talents of Tower and Jazz have created the most designer centric/friendly power design kit
on the market,&#148; said Dr. Avi Strum, Specialty Business Unit Vice President, Tower
Semiconductor. &#147;In addition, the design kit will serve as a springboard to our newest
power platform offerings of &gt;100v and Ultra Low Rdson devices.&#148; </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>About Tower
Semiconductor, Ltd. and Jazz Semiconductor, Inc.</B><BR>Tower Semiconductor Ltd. (NASDAQ:
TSEM, TASE: TSEM) is a pure-play independent specialty wafer foundry and its fully owned
U.S. subsidiary Jazz Semiconductor, Inc., is a leader in Analog-Intensive Mixed-Signal
(AIMS) foundry solutions. Tower and Jazz manufacture integrated circuits with
geometries ranging from 1.0 to 0.13-micron and provide complementary technical services
and design support. In addition to digital CMOS process technology, Tower offers advanced
mixed-signal and RF CMOS, Power Management, CMOS image-sensor, non-volatile memory
technologies and Flash MTP and OTP solutions.&nbsp; Jazz&#146;s comprehensive process
portfolio of modular AIMS technologies includes RFCMOS, Analog CMOS, Silicon and SiGe
BiCMOS, SiGe C-BiCMOS, Power CMOS and High Voltage CMOS. To provide world-class customer
service, Tower maintains two manufacturing facilities in Israel; Jazz maintains a fab in
the U.S. and additional manufacturing capacity in China through partnerships with ASMC and
HHNEC. For more information, please visit <U>www.towersemi.com</U> and
<U>www.jazzsemi.com</U>. </FONT> </P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Safe Harbor Regarding
Forward-Looking Statements</B><BR>This press release includes
forward-looking statements, which are subject to risks and uncertainties.&nbsp; Actual
results may vary from those projected or implied by such forward-looking statements.&nbsp;
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
Tower&#146;s and Jazz&#146;s business is included under the heading &#147;Risk
Factors&#148; in Tower&#146;s most recent filings on Forms 20-F, F-3, F-4 and 6-K, as were
filed with the Securities and Exchange Commission (the &#147;SEC&#148;) and the Israel
Securities Authority and Jazz&#146;s most recent filings on Forms 10-K and 10-Q, as were
filed with the SEC. Tower and Jazz do not intend to update, and expressly disclaim any
obligation to update, the information contained in this release. </FONT> </P>


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     <TD WIDTH=57% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE="2"><B>Company Contact:</B> </FONT></TD>
     <TD WIDTH=43% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE="2"><B>Media Contact:</B> </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Melinda Jarrell</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Lauri Julian</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>949/435-8181</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>949/715-3049</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE="2"><U>melinda.jarrell@tower-usa.com</U> </FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE="2"><U>lauri.julian@jazzsemi.com</U> </FONT></TD></TR>
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