Tag: GloFo

GloFo takes aim at China

Posted on January 12, 2015 by - News

renesas-chips (1)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.

 

GloFo gets a Big Blue boost

Posted on October 21, 2014 by - News

IBM logoAs we reported yesterday, IBM has sold off its semiconductor business giving Global Foundries (GloFo) a considerable leg up in the foundry business.

IBM spelled out the details saying that GloFo will get its intellectual property, technology and technologists formerly part of Big Blue’s IBM Microelectronics business.

GloFo also gets some business from the deal because it will act as its exclusive server processor provider for 22 nanometre, 14 nanometre and 10 nanometre processes in a 10 year deal.

IBM was eager to say that despite it disposing of its Microelectronics division, it will still work on semiconductor research. And as part of this commitment, IBM will continue to invest $3 billion over the next five years in semiconductor technology research.

GloFo will get primary access to the research through the investment, will get thousands of patents and other benefits including technology related to advanced geometries at 10 nanometres and below.

Dr Sanjay Jha, CEO of GloFo, this gives his company leadership in the semiconductor business.  “This acquisition further strengthens advanced manufacturing in the US and builts on established relationships in New York and Vermont,” he said.

IBM will take a charge of $4.7 billion in its third quarter financial results because of the acquisition. Most former employees of IBM Microelectronics will keep their jobs.