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GloFo to equip 300mm fab in China
GloFo is to equip a 300mm fab in Chongqing, China as a jv with the local government.
May. 31, 2016, May. 31, 2016 –
"China is the fastest growing semiconductor market, with more than half of the world's semiconductor consumption and a growing ecosystem of fabless companies competing on a global scale," said GloFo's CEO Sanjay Jha, "we are pleased to partner with the Chongqing leadership to expand our investment in support of our growing Chinese customer base."
The initial plan of the project includes upgrading an existing semiconductor fab to accommodate the manufacturing of 300mm wafers using GloFo's production technologies from its Singapore site. The jv will deliver an accelerated time-to-market with production planned for 2017.
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