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GlobalFoundries Details Ambitious Technology Roadmap
GlobalFoundries discussed its technology roadmap; its plan to invest $1.4B in 2021; its expectation it will achieve profitability; and its intention to hold an IPO, perhaps in 2022...
www.eetasia.com, Oct. 26, 2020 –
GlobalFoundries has a unified growth vision for the whole company as well as local strategies to develop its major manufacturing clusters in Asia, Europe, and the U.S. The industry's third largest contract maker of semiconductors believes that it is on the right track with its specialty technology strategy, which it believes will eventually lead to net profitability. The company plans to continue expanding its production capacities and introduce process technologies that are relevant for high-volume, long-lifecycle devices. Europe has a special place in GlobalFoundries's strategy, so it makes sense to take a look at the state of things here.
Emerging applications need special technologies
The world has significantly reinvented itself in the past 10 – 20 years, but in the next 10 we are going to face far more dramatic changes both for business and for society. Historically, major business and social transformations have always been enabled by technological advancements. When homo learnt how to control fire and produce stone tools millions of years ago, the society transformed dramatically. Fast forward to today, our technologies got drastically more sophisticated and the number of devices and tools we use in our daily life – for personal, business, and/or work matters – is countless. And since the world is always reinventing itself, these devices tend to get smarter, and the number of them we use keeps growing.
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