Israeli chipmaker TowerJazz sees rising sales

By Tova Cohen TEL AVIV (Reuters) - Israeli circuit maker TowerJazz said it expects sales to rise in the fourth quarter and next year as demand for chips used in tablets and mobile phones grows. "This is a very strong indication of core business growth and this could be demonstrated in the fact that fourth-quarter guidance shows growth that is substantially better than the industry," Chief Executive Russell Ellwanger said on Wednesday.



via Tech News Headlines - Yahoo! News http://news.yahoo.com/israeli-chipmaker-towerjazz-sees-rising-sales-111642133--finance.html