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Wednesday, 11 January 2012 10:53

Globalfoundries to invest $3 billion in fabs

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Kicks off production in New York


Chipmaker for hire Globalfoundries is palling to spend $3 billion on fabs and equipment in 2012.

CEO Ajit Manocha told Bloomberg that Glofo spent $8 billion over the past two years and most of the $3 billion planned for 2012 will be invested in its new Fab 8 in upstate New York. The company announced the start of limited production of 32nm SOI parts in the plant at CES.

Since Manocha took over from former AMD exec Doug Grose last year, Globalfoundries replaced about 20 top executives and tried to streamline operations. In 2011 the chipmaker struggled to meet demand and ship enough AMD chips, namely Llano APUs.

Globalfoundries plants in Singapore, acquired in the Chartered Semiconductor merger, fared better and did not experience similar difficulties. Last year Globalfoundries also put on hold plans for the construction of a new fab in Abu Dhabi, but the plans have not been shelved yet.

More here.



Last modified on Wednesday, 11 January 2012 10:58

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Comments  

 
+1 #1 dicobalt 2012-01-11 15:37
32nm? Those fabs need to be on a competitive process and 32nm is not it.
 
 
+3 #2 saneblane 2012-01-11 16:15
If nothing else, that company has one hell of a budget.
 
 
0 #3 The_Countess 2012-01-11 22:09
Quoting dicobalt:
32nm? Those fabs need to be on a competitive process and 32nm is not it.


starting production in a process you understand in a new factory is not a bad idea at all.

besides making a halfnode of 32nm (which is 28nm) is later isn't all that difficult in terms of investment.
 

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