GlobalFoundries

Competition watchdog greenlights GlobalFoundries’ acquisition of Advanced Micro Foundry

Competition and Consumer Commission of Singapore notes the merger has not resulted in a substantial lessening of competition within Singapore

GlobalFoundries makes chips that are used in smartphones, the automotive industry and smart home appliances.

Companies & Markets

GlobalFoundries acquires Singapore semiconductor firm in push to expand AI portfolio

Advanced Micro Foundry specialises in silicon photonics, a technology that allows for faster and more efficient data transmission

Through careful phased implementation, GlobalFoundries successfully managed the inherent risks of introducing new technology to sensitive semiconductor manufacturing processes.

ESG

GlobalFoundries’ Remote Plasma Clean initiative cuts emissions

Project delivers operational benefits as well, which enhance overall fabrication productivity

Singapore

GlobalFoundries, A*Star sign MOU on advanced packaging innovation for semicon chips

Skills enhancement initiatives are expected to train at least 30 employees

A combined company would establish a larger US-based firm with a global manufacturing footprint spanning Asia, United States and Europe.

Telcos, Media & Tech

GlobalFoundries, Taiwanese chipmaker UMC consider merger: sources

TAIWAN’S major chipmaker United Microelectronics and US-based GlobalFoundries are looking into the possibility of a merger, two sources familiar with the matter told Reuters on Monday.

GlobalFoundries operates a wafer plant in Singapore.

Global Enterprise

GlobalFoundries sinks into the red with US$730 million Q4 loss due to impairment charge

The semiconductor manufacturer announced top leadership changes last week

The binding contract provides up to US$1.5 billion in direct funding and comes under the Chips and Science Act, a suite of incentives to boost research and US semiconductor production.

International

US finalises US$1.5 billion chips award to GlobalFoundries

The Biden administration has unveiled billions in grants through the Chips Act, but much of the funds have not been disbursed

TSMC’s package announced in April includes US$6.6 billion in grants and as much as US$5 billion in loans to support the construction of three semiconductor factories in Phoenix.

Telcos, Media & Tech

TSMC and Globalfoundries finish talks over Chips Act awards

TAIWAN Semiconductor Manufacturing Company (TSMC) and GlobalFoundries have finished negotiating binding agreements for billions of US dollars in grants and loans to support US factories, sources famil...

Exports to firms on the list require a difficult-to-obtain license, which GlobalFoundries did not apply for, the department says.

Telcos, Media & Tech

US fines GlobalFoundries for shipping chips to sanctioned Chinese firm

THE US said on Friday (Nov 1) it imposed a US$500,000 penalty on New York-based GlobalFoundries, the world’s third-largest contract chipmaker, for shipping chips without authorisation to an affiliate ...

Mubadala is GlobalFoundries’ largest shareholder with an 85 per cent stake before this sale.

Telcos, Media & Tech

Mubadala offers to sell US$950 million of GlobalFoundries shares

A UNIT of Mubadala Investment is seeking to raise US$950 million in a sale of GlobalFoundries shares, two years after the chipmaker went public.

Latest T-bills Treasury Bills Results & Interest News Latest SSB Singapore Savings Bonds News Latest COE Certificate of Entitlement News

Latest Johor-Singapore SEZ News Latest BTO Build To Order & Sales of Balance News Latest STI Straits Times Index News Latest SGX Dividends, Share Price News Latest Bonds Market News Latest Singapore Stocks To Buy News Latest Singapore Economy News