Mahesh Marco's questions to Tower Semiconductor Ltd (TSEM) leadership • Q4 2024
Question
An analyst filling in for Mehdi Hosseini from Susquehanna Financial Group asked for elaboration on which business segments would perform above or below seasonality in Q1 and requested an update on the revenue timing for the 1.6T silicon photonics ramp.
Answer
CEO Russell Ellwanger stated that the 1.6T platform already contributed a 'reasonable amount' of revenue in Q4 2024 but did not provide specific timing for a material ramp in 2025. Regarding Q1 seasonality, he indicated that SiGe, SiPho, mixed-signal, and power management were stable, CIS was slightly stronger, and the most significant seasonal weakness was in the mobile segment.