The US chipmaker’s new 23,000 sq. meters (248,000 sq. toes) facility will be capable to produce 450,000 items of 300 millimetre wafers per yr at full capability, anticipated by 2025 to 2026, and can create 1,000 jobs, the corporate’s Singapore common supervisor Tan Yew Kong advised reporters.
Elevate Your Tech Process with High-Value Skill Courses
| Offering College | Course | Website |
|---|---|---|
| Indian School of Business | ISB Applied Business Analytics | Visit |
| Northwestern University | Kellogg Post Graduate Certificate in Digital Marketing | Visit |
| IIM Lucknow | IIML Executive Programme in Data Science | Visit |
| Indian School of Business | ISB Digital Marketing and Analytics | Visit |
“If we run (the Singapore campus’) capacity to the fullest, that will probably be (around) 45% of revenue for GlobalFoundries,” he stated, including that the corporate anticipated weak international demand for chips to select up by the second half of 2024.
The firm’s Singapore operations, which serve 200 shoppers worldwide, additionally embrace two different fabs that produce 720,000 300mm wafers and 692,000 200mm wafers a yr respectively. The chips are utilized in automobiles and 5G know-how.
GlobalFoundries introduced a $6 billion international growth in 2021 amid a chip scarcity throughout the pandemic that has since reversed right into a surplus.
One of GlobalFoundries’ greatest shoppers is Qualcomm , which stated on Monday it had signed a take care of Apple
Discover the tales of your curiosity
GlobalFoundries is the world’s third-largest foundry by income behind Taiwan’s TSMC and South Korea’s Samsung Electronics, based on market intelligence supplier TrendForce. Singapore’s total semiconductor output, which makes up 11% of the worldwide market, is about to develop as extra chipmakers open or broaden operations within the coming months.
Source: economictimes.indiatimes.com