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...GlobalFoundries has been in eastern Germany for decades — its former parent company AMD first came there in 1996....
...Suggested reads Samsung releases latest bendable smartphones as competition heats up (FT) TSMC to invest $2.9bn in advanced packaging plant for AI chips (Nikkei Asia) Chipmaker GlobalFoundries criticises...
...GlobalFoundries is a semiconductor contract manufacturer with a market capitalisation of $24bn....
...GlobalFoundries controls just 7 per cent. GlobalFoundries no longer makes cutting-edge chips — the kind needed by Apple to power ever smaller and faster devices....
...Terms of the deal were not disclosed, but Ford is not taking an ownership stake in GlobalFoundries....
...A version of this article was first published by Nikkei Asia on December 15 2021. ©2021 Nikkei Inc....
...demand for chips than suppliers can handle, and while Qualcomm is described as a “chipmaker,” it can’t ramp up production, because it has none — it outsources manufacturing to the likes of Samsung, TSMC and GlobalFoundries...
...The Silicon Valley company has been reported to be in talks to acquire its rival GlobalFoundries....
...takeover talks with NortonLifeLock (FT) Sydney Airport rejects $17bn bid as investors target infrastructure (FT) US regulator under fire for delays to delisting Chinese stocks (FT) Intel Is in talks to buy GlobalFoundries...
...A version of this article was first published by Nikkei Asia on December 8 2021. ©2021 Nikkei Inc....
...Thomas Caulfield, chief executive of GlobalFoundries, said the company was “pleased to have quickly reached this settlement”....
...Last year, GlobalFoundries quit developing the leading edge technology, a boon to TSMC....
...Chip foundries settle patent dispute Taiwan Semiconductor Manufacturing Company, the world’s largest contract chipmaker, and rival GlobalFoundries have resolved a patent dispute that risked entangling their...
...GlobalFoundries said it would shift its spending to its more established chips....
...Last month GlobalFoundries, the chip manufacturer controlled by Abu Dhabi, put off its own plans for 7nm indefinitely....
...A version of this article was first published by the Nikkei Asian Review on January 8. ©2018 Nikkei Inc. All rights reserved....
...Although Silicon is overused as a prefix, in the case of Saxony it rings true with some of the biggest technology and chip companies, such as Infineon and GlobalFoundries, based there....
...GlobalFoundries has already emerged as the second biggest in the foundry business after Taiwan’s TSMC, making chips for other companies....
...The company also revealed an unusual arrangement to pay chipmaker GlobalFoundries $1.5bn to take its unprofitable chip manufacturing business off its hands....
...This is the situation in which IBM finds itself, after reports that GlobalFoundries has walked away from talks about taking over its chipmaking business, even with the cash thrown in....
...IBM’s net income fell to $18m in the three months to September, from $4bn in the year-ago period, after the company took a $4.3bn charge tied to the sale of its unprofitable chip business to GlobalFoundries...
...“The market is forcing all the supply chain to be very cost-sensitive,” says Joe Chen, vice-president of greater China for GlobalFoundries, an Abu Dhabi-owned chip manufacturer that recently agreed to start...
...Mubadala, which has more than a quarter of its assets in GlobalFoundries, said on Thursday that the fund swung back into profit in 2012, with GlobalFoundries narrowing its net loss to Dh2.2bn, compared with...
...Group revenues rose 77 per cent with the addition of ATIC, whose GlobalFoundries subsidiary became the world’s second-largest semiconductor foundry by revenue in the final quarter of 2011....
...Despite mis-steps, heavy losses, major management changes and the spinning off of its manufacturing arm into Globalfoundries, AMD has hung in as a competitor, retaining a market share of around 20 per cent...
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