Featured Articles

Intel refreshes CPU roadmap

Intel refreshes CPU roadmap

Intel has revealed an update to its CPU roadmap and some things have changed in 2015 and beyond. Let’s start with the…

More...
Hands on: Nvidia Shield Tablet with Android 5.0

Hands on: Nvidia Shield Tablet with Android 5.0

We broke the news of Nvidia's ambitious gaming tablet plans back in May and now the Shield tablet got a bit…

More...
Nokia N1 Android tablet ships in Q1 2015

Nokia N1 Android tablet ships in Q1 2015

Nokia has announced its first Android tablet and when we say Nokia, we don’t mean Microsoft. The Nokia N1 was designed…

More...
Marvell launches octa-core 64-bit PXA1936

Marvell launches octa-core 64-bit PXA1936

Marvell is better known for its storage controllers, but the company doesn’t want to give up on the smartphone and…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 23 November 2012 10:40

Globalfoundaries sales pick up

Written by Nick Farrell



Real men do have fabs after all


Arabian chipmaker Globalfoundaries is seeing its bottom line picking up. The Abu Dhabi prince of the desert claims that its revenues will grow 31 per cent to $4.5 billion in 2012.

GlobalFoundries was spun off from AMD and is now owned by the Abu Dhabi-based Advanced Technology Investment Company (Atic).  Things are going so well for the firm it is considering an IPO in 2015, when it expects start making a profit. [Perhaps it should buy AMD now? Ed]

Ibrahim Ajami, the chief executive of Atic, also confirmed reports that GlobalFoundries was expected to make US$4.5 billion in revenues this year. The revenue of $4.5 billion equals growth of 31 per cent over last year, a pace that would establish the company as the world's fastest-growing chip firm. It is also now ranked at 15th in the top 20 foundaries in the world.

This is not bad given that the global economic environment is pants and the semiconductor industry has been quite slow.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments