21 August 2017
Tower setting up Chinese fab
The Israeli semiconductor company has received a first payment of $18 million from Tacoma (Nanjing) Semiconductor Technology Co.
20 August 2017
Intel CEO arrives in Israel
Brian Kraznich is visiting Mobileye in Jerusalem, the new fab in Kiryat Gat and the development center in Haifa where the 'Coffee Lake' processor is being developed.
16 August 2017
Another arrest in Steinmetz investigation
Udi Neta, a former Tel Aviv city council member, is suspected of aiding Beny Steinmetz and Tal Silberstein in alleged money laundering regarding fictitious deals in Romania.
RADA wins $8m US radar deal
The radar will be used by a key US military force, providing it with air surveillance with emphasis on counter-UAV.
Citi downgrades Teva
Admitting it had been wrong about Teva, Citi downgraded the company from "Buy" to "Neutral."
Israeli economy grew at 2.7% in Q2
GDP grew at a sluggish 2.1% in the first half of 2017, the Central Bureau of Statistics reports, down from 4.7% in the corresponding period of 2016.