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Search Result for “GlobalFoundries”

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INVESTMENT

US chip giant opens $4bn Singapore plant

Published on 12/09/2023

» SINGAPORE: The world's third-largest contract semiconductor maker, GlobalFoundries, on Tuesday opened a $4-billion manufacturing plant in Singapore as part of a global expansion to help ease an industry supply crunch.

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WORLD

Biden leads US tech execs in Vietnam talks

AFP, Published on 11/09/2023

» HANOI: US President Joe Biden and senior executives from top American tech firms including Google and Intel will meet Vietnamese business leaders Monday after the two countries agreed to deepen cooperation in the face of shared concerns about China.

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BUSINESS

Asian equities retreat on US slowdown worries

Business, Nuntawun Polkuamdee, Published on 22/04/2023

» RECAP: Asian and European markets fell yesterday on lingering recession worries as data indicated the US economy was slowing down. Thailand has low recession risk but the SET has slid amid negative global sentiment and falling oil prices.

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BUSINESS

Chip Makers Expect Demand Slowdown to Expand Beyond PCs, Smartphones

Business, Published on 11/08/2022

» The chip industry that was bracing for a difficult period with laptop sales slumping is adjusting to a wider and sharper slowdown even as semiconductor companies prepare to spend billions of dollars on new factories.

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BUSINESS

GlobalWafers announces plans for massive US plant

AFP, Published on 28/06/2022

» WASHINGTON - Taiwan's GlobalWafers on Monday unveiled plans to establish a massive plant in northern Texas to produce a component vital to making semiconductors with an investment of up to $5 billion.

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BUSINESS

For Chip Industry, Supply Woes Push Next Target to $1 Trillion

Business, Published on 01/02/2022

» Chip companies just had their best sales year ever -- charged by a global semiconductor shortage and growing demand -- and industry executives expect that total to double in less than a decade, to more than $1 trillion.

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BUSINESS

Jeep Maker Stellantis Bets on Software to Boost Revenue

Business, Published on 09/12/2021

» Stellantis NV chief executive Carlos Tavares is looking to give the global auto manufacturer a major tech upgrade.

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BUSINESS

Ford, GM Step Into Chip Business

Business, Published on 20/11/2021

» Detroit's two biggest auto makers--Ford Motor Co. and General Motors Co.--are looking to get into the semiconductor business, after a year of computer-chip shortages that snarled their global factory output.

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BUSINESS

Intel CEO Calls Chip Maker 'Willing Buyer' as Industry Consolidates

Business, Published on 23/08/2021

» Intel Corp. chief executive Pat Gelsinger is committed to buying other chip-makers as the industry consolidates, despite a leading acquisition candidate's plan to go public.

BUSINESS

Intel Could Find a New World of Complications with GlobalFoundries

Business, Published on 19/07/2021

» Pat Gelsinger is wasting no time putting his money where his mouth is.