Tag: GlobalFoundries

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Main facts about global semiconductor market in 2024 and 2025

The World Semiconductor Trade Statistics (WSTS) organization has revealed...

Zain Group acquires full ownership of IHS Kuwait

Zain Group has announced a definitive agreement to acquire...

Intel appoints interim Co-CEOs as Pat Gelsinger resigned

Intel has announced the appointment of David Zinsner and...

Who’s Benedicte Schilbred Fasmer, the new CEO of Telenor?

Benedicte Schilbred Fasmer is the new CEO (Chief Executive...

GlobalFoundries Revenue Drops 11% to $1.85 bn in Third Quarter

GlobalFoundries, a leading semiconductor manufacturing company, has released its financial results for the third quarter ended on September 30, 2023, and unveiled several significant...

GlobalFoundries Seeks Funding Under U.S. CHIPS Act for Expansion and Modernization

GlobalFoundries, a leading contract chip manufacturer, has formally submitted funding applications under the U.S. CHIPS (Creating Helpful Incentives to Produce Semiconductors for America) Act....

GlobalFoundries Launches $4 bn Fabrication Plant in Singapore to Expand Chip Manufacturing

GlobalFoundries, one of the world’s leading contract chip manufacturers, marked a significant milestone on Tuesday with the official opening of its $4 billion fabrication...

GlobalFoundries and Lockheed Martin sign semiconductor deal

Chipmaker GlobalFoundries and Lockheed Martin, a global security and aerospace company, announced their partnership to secure domestic semiconductor supply for defense systems. The collaboration will secure manufacturing...

France offers $3.1 bn aid for semiconductor factory of STMicroelectronics and GlobalFoundries

France will provide 2.9 billion euros ($3.10 billion) in aid to help support an investment of 7.5 billion euros that chipmakers STMicroelectronics and GlobalFoundries...

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Benedicte Schilbred Fasmer is the new CEO (Chief Executive...

Telia CEO Patrik Hofbauer reveals new strategies

Telia CEO Patrik Hofbauer today announced its decentralized country-led...
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