Ikanos Comm (IKAN) Selects Tower Semi (TSEM) to Manufacture High Volume Network Processor

September 13, 2006 7:32 AM EDT

Tower Semiconductor Ltd. (NASDAQ: TSEM) announced that Ikanos Communications, Inc. (NASDAQ: IKAN) has chosen to manufacture its Vx160 high-performance DSL network processor at Tower. The product will be produced in 0.16-micron at Tower's advanced Fab2. Ikanos is a recognized leader in the DSL semiconductor market.

Joshua Rom, vice president of operations at Ikanos Communications, said, "Tower's excellent engineering and manufacturing capabilities resulted in a fast product ramp for the Vx160, ensuring that we met our customers' requirements in a timely manner."


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