GlobalFoundries this week reiterated plans to invest $1.4 billion this year in expansion of its manufacturing capacities across the world. Around one third of the sum will be co-invested by GlobalFoundries' customers who want to ensure that they have capacity allocation for years to come. The world's fourth largest foundry is also mulling to bring forward its IPO to late 2021 ahead of its original 2022 date. In any typical year, GlobalFoundries spends about $700 million on expansion of its production capacities, however growing demand for chips has made clear the need for faster than normal groth - as a result the company is to invest $1.4 billion on expansion this year. The money will be divided equally between GlobalFoundries' sites in Dresden, Malta (New...
GloalFoundries and Synopsys announced this week that they have jointly developed a portfolio of automotive-gade IP solutions for GF’s 22FDX process technology. The various IP blocks are designed for...4 by Anton Shilov on 2/22/2019
Because of its renewed focus on specialized process technologies and competition, GlobalFoundries has opted to reconsider its plans concerning its Fab 11 located near Chengdu, China. Rather than offer...21 by Anton Shilov on 11/26/2018
GlobalFoundries this week made two important announcements concerning its radio and connectivity-related capabilities. First up, the company said that Imagination’s Ensigma connectivity IP is now available for its 22FDX...2 by Anton Shilov on 9/27/2018
GlobalFoundries on Monday announced a milestone concerning its 22FDX-branded fully-depleted SOI low-power planar transistor platform. The company initiated volume production using the technology with yields and performance meeting expectations...13 by Anton Shilov on 7/10/2018
In a surprising move, GlobalFoundries has announced that its CEO is stepping down. Sanjay Jha, who lead the world’s second largest foundry for four years, was in the past...15 by Anton Shilov on 3/15/2018