GlobalFoundries opens $4 billion Singapore expansion fab to meet 'demand for essential semiconductor chips'

GlobalFoundries has opened a $4 billion expansion fabrication plant in Singapore as it anticipates increased demand for semiconductor chips. The company's CEO, Thomas Caulfield, expressed confidence in the industry's growth over the next decade, driven by applications such as AI. GlobalFoundries is the world's third-largest foundry by revenue and serves around 200 customers globally. The Singapore facility will enhance the company's manufacturing capabilities and enable it to better serve customers. Singapore supplies 11% of the world's semiconductors.

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Frequently Asked Questions

Q: What is GlobalFoundries opening in Singapore?

A: GlobalFoundries is opening a $4 billion expansion fabrication plant in Singapore. [Source]

Q: What is the purpose of the expansion fabrication plant?

A: The expansion fabrication plant is being opened to meet the growth in demand for essential semiconductor chips. [Source]

Q: How much cleanroom space does the Singapore expansion include?

A: The Singapore expansion includes 250,000-square-feet (23,000-square-meters) of cleanroom space. [Source]

Q: How many high-value jobs will be created in Singapore as a result of the expansion?

A: The expansion fabrication plant in Singapore is expected to create 1,000 high-value jobs. [Source]