GlobalFoundries


2024-06-07

[News] VIS, NXP to Build a 12-Inch Fab, Indicating Singapore’s Semiconductor Industry Concentration Further Enhances

Due to the impact of international situations and uncontrollable factors, the global semiconductor supply chain is undergoing a shift. According to a report from WeChat account DRAMeXchange, the Southeast Asian region, with its advantages in labor and development conditions, has become the preferred...

2024-02-20

[News] GlobalFoundries Reportedly Becomes Third Recipient of CHIPS Act Subsidy, Receives USD 1.5 Billion

The U.S. government announced on February 19th that semiconductor giant GlobalFoundries (GF) will be the third company to receive approval for subsidies under the Chips and Science Act, also known as the CHIPS Act, receiving USD 1.5 billion. According to MoneyDJ’s reports citing from Reuters, ...

2024-02-17

[News] Financial Reports of Six Major Foundries Reveal Semiconductor Industry Recovery Status

The latest financial reports for 4Q23 from six leading global semiconductor foundries signal optimism for the semiconductor industry's recovery in 2024. In 2023, the semiconductor sector underwent significant adjustments. As the industry worked towards normalizing its inventory levels amidst ongo...

2024-01-11

[News] Explore the Foundry Landscape in Singapore as UMC’s Plant Nears Completion Mid-Year

Recent reports have suggested that UMC's new facility in Singapore is set to be completed by mid-2024, with initial production expected to commence in early 2025. UMC has announced that, in response to the demand for capacity expansion, the board of directors has approved a capital expenditure ex...

2023-11-22

[News] Latest Financial Reports of the Global Seven Foundries – How Will the Next Stage Develop?

Recently, the seven major foundries —TSMC, GlobalFoundries, UMC, SMIC, Hua Hong Semiconductor, VIS, and PSMC—have successively released their third-quarter financial reports and held performance briefings to explain the semiconductor industry's business climate and the outlook for the next stage...

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