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Tower, Panavision in Image Sensor Production Deal
Independent foundry Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) will produce a line of CMOS image sensors for Homer, New York-basedPanavision Imaging LLC.
Panavision's DLIS-2K image sensors were developed using Tower's advanced photo diode (APD) pixel process and pixel IP with Panavision's Imager Architecture.
Image sensors are used in consumer electronics such as camcorders, security and computer cameras; portable communications devices; the industrial and business sector; and in areas such as biometrics, machine vision, broadcasting, film cameras and medicine. In the automotive industry, there is increased demand for angular rate, occupancy seat and cruise control sensors, lane deviation systems and rear-view cameras.
According to Global Industry Analysts Inc., the value of the world image sensors market is expected to rise to $11.7 billion by 2012.
