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Asia Leads the Way, Semiconductor Industry Report - Equity Research on Tower Semiconductor Ltd and MagnaChip Semiconductor LLC


June 9, 2011 - Hong Kong

Today, www.WorldStreetFundamentals.com released its industry report highlighting Tower Semiconductor Ltd. (NASDAQ: TSEM) and MagnaChip Semiconductor LLC (NYSE: MX). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php.

Increased commercial requirements, sustained by consumer demand for more bandwidth communicative applications, have created a strong market influence within communication. The introduction and exponential popularity of Skype, Facebook and LinkedIn has increased the demand for internet bandwidth and according to the World Semiconductor Trade Statistics, the global semiconductor market grew 96% since 2001 and is expected to continue to grow at an annual growth rate of 8%.

Asia has seen the most rapid growth over the past decade and now accounts for more than 50 % of the global semiconductor market. As a result, this past period has seen investors turn to communication companies with established markets at value prices.

World Street Fundamentals has highlighted Tower Semiconductor Ltd. as an independent specialty foundry devoted to the design of semiconductors. The Company manufactures ICs on silicon wafers using the customer's circuit designs. Its recent acquisition of Micron Technology's fabrication facility in Nishiwaki City, Japan nearly doubles Tower's current internal manufacturing capacity, increasing production by 60,000 wafers/month. The added capacity will help serve growing needs of expanding blue chip customer base. This is expected to help position TowerJazz to achieve its $1 billion annual revenue target by 2014. The entire report on Tower Semiconductor Ltd. (NASDAQ: TSEM) is available here: www.WorldStreetFundamentals.com/ViewFullReport.245.php.

World Street has emphasized MagnaChip Semiconductor LLC as an up and coming manufacturer of analog and mixed-signal semiconductor products for consumer applications. The Company's analog and mixed-signal semiconductor products and services enable the high resolution display of images and video. Last year the company increased revenues by 38 percent to $779 million in 2010. It currently sells for seven times earnings. In its current quarterly report, Mangachip reported a gross profit of $56.5 million. The entire report on MagnaChip Semiconductor LLC (NYSE: MX) is available here: www.WorldStreetFundamentals.com/ViewFullReport.138.php.

About World Street
World Street Fundamentals is an online portal for professionals, investors and new-comers to the markets to find in depth comprehensive research and research tools to help guide you through the ever changing financial markets. Covering the top performers in the hottest sectors and providing clarity to investors around the world.

Contact:

Adam Redford
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www.WorldStreetFundamentals.com

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