“Tower’s superb technology and its leadership in the CIS X-ray area, combined with CMT’s leadership in digital X-ray imaging system allow both companies to target and expand into new markets,” said Mr Yossi Katzav, president and chief executive at CMT.
“In combining their market knowledge and integration strength with Tower’s device and wafer level technical know how and IP portfolio, we expect to gain a leading share of this $500 million plus market by 2010,” said Russell Ellwanger, chief executive at Tower Semiconductor.
According to Tower Semiconductor, the X-ray detectors will be used for radiography/fluoroscopy, cardiology, angiography, mammography and similar large-size X-ray modalities. The delivery of the first flat panel detectors is expected to begin in 2009.
In November 2007, Samsung announced its plans to develop a flat-panel X-ray detector for radiology machines in collaboration with Korean medical machinery manufacturing firm Vatech. The device is expected to be available worldwide from the first quarter of 2008.
Source:ComputerWire daily updates