Nanotechnology Now – Press Release: GLOBALFOUNDRIES Moves Corporate Headquarters to its Most Advanced Semiconductor Manufacturing Facility in New York

Dwelling > Press > GLOBALFOUNDRIES Strikes Company Headquarters to its Most Superior Semiconductor Manufacturing Facility in New York

Summary:
GLOBALFOUNDRIES® (GF®), the worldwide chief in feature-rich semiconductor manufacturing, introduced in the present day at an onsite occasion with Senate Majority Chief Chuck Schumer that it’s going to relocate its headquarters to Malta, New York, the positioning of Fab eight, the corporate’s most superior semiconductor manufacturing facility — as the corporate positions itself for progress, strengthens partnerships with clients and recruits new expertise. This variation is efficient in the present day.

GLOBALFOUNDRIES Strikes Company Headquarters to its Most Superior Semiconductor Manufacturing Facility in New York


Malta, New York | Posted on April 27th, 2021

GF has invested greater than $15 billion in its Fab eight facility during the last decade to assist innovation and manufacturing capability. In 2021, the corporate is doubling its deliberate funding to broaden international capability, with $500 million focused for Malta, NY alone.

The transfer from GF’s earlier headquarters to its state-of-the-art fab in New York is a part of the corporate’s dedication to deal with the hovering international chip demand, with a deal with semiconductor manufacturing innovation. GF will keep a considerable presence in Santa Clara, California, within the coronary heart of Silicon Valley, the place lots of GF’s main U.S. clients and ecosystem companions are based mostly.

“As we speak, GF’s Fab eight in New York is a $15 billion superior semiconductor manufacturing facility and one that’s taking part in a key function within the transformation of our trade to fulfill quickly accelerating demand,” stated GF CEO Tom Caulfield. “As a local New Yorker, son of a NYC firefighter, and producer at coronary heart, I’m personally proud to be making upstate New York GF’s new headquarters. Our superb three,000-person workforce, in partnership with our native, state, and federal leaders, will collectively construct on GF’s success, solidifying the Empire State’s place as one of some world-class semiconductor manufacturing hubs at a time when our nationwide and financial safety relies upon an increasing number of on what we will make right here at dwelling.”

Caulfield added, “I want to thank Senator Schumer for his steadfast assist for GF over time and his tireless management in forging a bipartisan coalition in Congress that along with the Administration absolutely appreciates the necessity for a safe and resilient home semiconductor provide chain. The time for the Infinite Frontier Act is now, and as soon as permitted by Congress and signed into regulation by President Biden, GF stands able to do our half by increasing in upstate New York and creating many extra high-paying American jobs. Our formidable objective is to double our capability at this web site within the years to come back in partnership with our clients, native, state and federal governments. We will do that.”

“GlobalFoundries’ transition of its headquarters to Fab eight in Malta is additional indication of the corporate’s dedication to progress in New York and to the Empire State’s management within the semiconductor trade,” stated Senate Majority Chief Chuck Schumer, who efficiently handed into regulation new federal semiconductor manufacturing and R&D incentives in final yr’s Nationwide Protection Authorization Act (NDAA). “The chips that GlobalFoundries manufactures right here in Malta are important to our nationwide safety and to our financial competitiveness throughout key industries. I’ve labored carefully with GlobalFoundries over time to search for alternatives to broaden their presence in New York and I’m now pushing to safe the federal funds essential to implement packages we handed into regulation final yr to assist additional enlargement of home chip manufacturing by corporations like GlobalFoundries, accelerating much more progress within the semiconductor trade throughout Upstate New York.”

GF firm employs greater than 15,000 globally with 7,000 folks throughout the U.S., and almost three,000 at its Fab eight in Malta, New York. In 2020, GF introduced a land buy choice to supply extra flexibility to broaden Fab eight’s footprint to assist rising demand from the U.S. authorities and trade clients.

Semiconductor chips are extra pervasive than ever, changing into one in every of humankind’s most important assets, from smartphones and vehicles to know-how in faculties and hospitals, trendy society can now not survive with out them. GF is a trusted supplier to 250 clients worldwide together with the US Authorities.

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About GLOBALFOUNDRIES
GLOBALFOUNDRIES (GF) is without doubt one of the world’s main semiconductor producers and the one one with a very international footprint. GF delivers feature-rich chips options that allow its clients to develop pervasive chips for high-growth market segments. GF supplies a broad vary of platforms and options with a singular mixture of design, improvement and fabrication providers. With an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF has the pliability and agility to fulfill the dynamic wants of its greater than 250 clients throughout the globe. GF is owned by Mubadala Funding Firm.

For extra data, please click on right here

Contacts:
Erica McGill

GLOBALFOUNDRIES | Company Communications

O: 518.305.5978 | M: 518.795.5240

Copyright © GLOBALFOUNDRIES

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Issuers of reports releases, not seventh Wave, Inc. or Nanotechnology Now, are solely chargeable for the accuracy of the content material.

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