GloFo and the end of easy money
Peter Clarke, EETimes
11/21/2012 12:26 PM EST
Globalfoundries is only a little over three years old, but is already the world's second largest pure-play foundry, with estimated annual sales of about $4.5 billion in 2012. All seems to be going well.
The company was initially formed by bringing together the manufacturing capabilities of a somewhat distressed processor manufacturing company Advanced Micro Devices, that was looking to go fabless, and the oil riches of the Gulf state of Abu Dhabi. Back in 2008, Abu Dhabi had a plan.
The billions of dollars Abu Dhabi has provided – an investment in adapting the emirate to a post oil-economy world – that has allowed Globalfoundries (Milpitas, Calif.) to make such rapid progress. But it now seems that the time of easy money – and we are talking of well in excess of $10 billion – could be coming to an end.
E-mail This Article | Printer-Friendly Page |
Related News
- FIVEberry Establishes Broad and Easy Access to RISC-V Technology
- Omni Design's High Performance Analog Front Ends are Adopted in Socionext's Next Generation Communications SoCs
- CEVA Audio Front End Software Solution Becomes Alexa Voice Service (AVS) Qualified
- MIPI RFFE Master & Slave Controller IP Cores to control your complex RF-Front End Interfaces
- SD 5.1/eMMC 5.1 Host and Device Controllers with Matching PHYs for all kind of Portable Memory Storage Devices, making it easy to integrate a wide range of Applications in your products
Breaking News
- Keysight, Synopsys, and Ansys Deliver Radio Frequency Design Migration Flow to TSMC's N6RF+ Process Node
- Siemens collaborates with TSMC on design tool certifications for the foundry's newest processes and other enablement milestones
- Leveraging Cryogenics and Photonics for Quantum Computing
- Kalray Joins Arm Total Design, Extending Collaboration with Arm on Accelerated AI Processing
- Credo at TSMC 2024 North America Technology Symposium
Most Popular
- Huawei Mate 60 Pro processor made on SMIC 7nm N+2 process
- Silicon Creations Reaches Milestone of 10 Million Wafers in Production with TSMC
- GUC provides 3DIC ASIC total service package to AI/HPC/Networking customers
- Analog Bits to Demonstrate Numerous Test Chips Including Portfolio of Power Management and Embedded Clocking and High Accuracy Sensor IP in TSMC N3P Process at TSMC 2024 North America Technology Symposium
- Alphawave Semi: FY 2023 and 2024 YTD Trading Update and Notice of Results