Abu Dhabi foundry company Global Foundries (GloFo) is seeking to make more partnerships in mainland China.GloFo, which was spun off by Advanced Micro Devices (AMD) some years ago, recently bought IBM’s foundry business, along with a large number of patents for $1.5 billion.
A report in the South China Morning Post quoted senior GloFo VP Chuck Fox as saying the firm would use IBM’s previous presence in mainland China to continue to grow its business in the country.
He said that his company is already in talks with a number of partners in China and is expected to announce deals when they happen.
Competition to win contracts from so called fabless chip companies comes from the like of Taiwanese major TSMC, mainland company SMIC, and even Intel.
Golf already has a partnership with Samsung in a bid to beat TSMC for orders to manufacture chips.
