GLOBALFOUNDRIES Breaks Ground on New Fab in Singapore

GLOBALFOUNDRIES Breaks Ground on New Fab in Singapore

GLOBALFOUNDRIES®, the global  leader in feature-rich semiconductor manufacturing, has announced it is expanding  its global manufacturing footprint with the construction of a new fab on its Singapore  campus. In partnership with the Singapore Economic Development Board and with co investments from committed customers, GF’s more than US $4B (S$5B) investment will play  an integral role in meeting the growing demand for the company’s industry-leading  manufacturing technologies and services to enable companies worldwide to develop and  scale their business. 

In a virtual groundbreaking ceremony, Singapore Minister for Transport and Minister-in charge of Trade Relations S. Iswaran and Mubadala Investment Company Managing  Director and Group CEO H.E. Khaldoon Khalifa Al Mubarak, were joined  by: UAE Ambassador to Singapore H.E. Jamal Abdulla Al Suwaidi;  

Singapore Ambassador to the UAE H.E. Kamal R Vaswani; Singapore Economic  Development Board Managing Director Chng Kai Fong; GF Board Chairman Ahmed Yahia  Al Idrissi; along with GF executives including CEO Tom Caulfield; CFO David  Reeder; SVP and Head of Global Operations KC Ang; SVP of Global Sales Juan  Cordovez; VP of Human Resource for APAC and International Fabs Janice  Lee; and VP of Technology Development in Singapore Dr. Soh Yun Siah

The global demand for semiconductor chips is growing at an unprecedented rate, with  worldwide semiconductor revenue projected to increase 2.1 times in the next eight years1.  To meet that demand, GF has planned capacity expansions at all its manufacturing sites in  the U.S., Germany and, starting with the construction of phase one of its 300mm fab  expansion, Singapore. When complete, GF will add capacity for 450,000 wafers per year, bringing GF’s Singapore campus up to approximately 1.5 million (300mm) wafers per year.  

The new fab will be the most advanced semi manufacturing facility in Singapore and will  further enhance GF’s ability to provide its feature-rich RF, analog power, non-volatile  memory solutions. GF is adding 250,000 square feet (23,000 square meters) of cleanroom  space and new administrative offices. The new fab will create 1,000 new high-value jobs  such as technicians, engineers and more. With construction already underway, the Fab is  planned to ramp in 2023. 

“GF is meeting the challenge of the global semiconductor shortage by accelerating our  investments around the world. Working in close collaboration with our customers and the  Government of Singapore is a recipe for success that we are pioneering here and looking  forward to replicating in the U.S and Europe,” said GF CEO Tom Caulfield. “Our new facility  in Singapore will support fast-growing end-markets in the automotive, 5G mobility and  secure device segments with long-term customer agreements already in place.” 

“We are committed to partnering industry leaders such as GlobalFoundries to address the  global demand for semiconductors, especially in growth areas such as artificial intelligence  and 5G. The semiconductor industry is a key pillar of Singapore’s manufacturing sector, and  GlobalFoundries’ new fab investment is testament to Singapore’s attractiveness as a global  node for advanced manufacturing and innovation. It will help GlobalFoundries’ customers to  strengthen the resilience of their supply chains, and also add to the vibrancy of our economy  through the creation of good jobs for Singaporeans and business opportunities for our local  enterprises,” said Dr. Beh Swan Gin, Chairman of the Singapore Economic Development  Board. 

Semiconductor chips are more pervasive than ever, becoming one of humankind’s most vital  resources. From smartphones and automobiles to technology in schools and hospitals,  modern society can no longer survive without them. GF is a trusted provider to more  than 250 customers worldwide and is investing, in partnership with these customers and  regional governments, to expand the capacity of its global manufacturing footprint to help  right the demand-supply imbalance.  

1 IBS, March 2021

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