- In an interview with Israel's Globes, TowerJazz CEO Russell Ellwanger said of the company's JV with Panasonic: "Panasonic can help us in the Japanese market ... there is a very good chance of getting new Japanese customers."
- When asked about the market's reaction on Friday, which sent TSEM shares soaring 44.8%: "I'm often surprised by the market's reactions to Tower's announcements and I don't always understand those reactions. But clearly I was satisfied."
- (TSEM -4.3%) shares are nevertheless continuing to give up part of Friday's gains.
TowerJazz CEO: Panasonic JV will aid in "getting new Japanese customers"
Dec 24 2013, 09:31 ET