Tower Semiconductor Ltd. announced a collaboration with Renesas, leveraging Tower?s high-volume and high-performance SiGe BiCMOS technology to manufacture SiGe-based beamforming ICs. This strategic collaboration underscores Renesas' commitment to innovation as its broad portfolio of beamforming products has already achieved design wins by key worldwide players across 5G, satcom, and Aerospace & Defense markets, positioning the company at the forefront of the industry. The Satcom terrestrial terminal market is growing rapidly as satellite-based internet services proliferate globally.

According to Euroconsult, a market research firm, 71 million people were connected to satellite broadband services in 2022. With the rapid deployment of LEO satellite constellations, this number is expected to double in 2031, reaching over 150 million users. This translates to an increase of $400 million in the average yearly TAM for SiGe wafers over the coming decade.

Renesas is a global leader in delivering cutting-edge solutions for the telecommunications industry and has made strides in the Satcom and 5G markets through its collaboration with Tower Semiconductor. This capability played a significant role in empowering Renesas to establish and solidify its market leadership. Renesas?

portfolio of beamforming products has achieved design wins by several strategic global customers including a tier 1 base station manufacturer, a tier 1 satellite broadband service provider, a major defense contractor, and an antenna supplier for a major aircraft manufacturer, among others. Together, Renesas and Tower Semiconductor are forging a path of innovation and reliability in the Satcom and 5G markets, setting a new standard for semiconductor solutions. This collaboration reaffirms the companies' commitment to driving technological advancements and meeting the ever-growing demands of the telecommunications industry.