Tuesday, October 19, 2021

GlobalFoundries announces IPO

GlobalFoundries (GF) announced of its initial public offering of 55,000,000 ordinary shares, 33,000,000 of which are being offered by GF and 22,000,000 of which are being offered by GF’s existing shareholder, Mubadala Investment Company PJSC, pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“SEC”). 

The initial public offering price is currently expected to be between $42.00 and $47.00 per share. In connection with the offering, Mubadala expects to grant the underwriters a 30-day option to purchase up to an additional 8,250,000 ordinary shares at the public offering price, less underwriting discounts and commissions. GF has applied to list its ordinary shares on the Nasdaq Global Select Market under the ticker symbol “GFS.”

GlobalFoundries announces 45nm Silicon Photonics platform

GlobalFoundries announced a  new Silicon Photonics 45nm platform for combining RF CMOS and optical components on the same chip.The monolithic platform includes an innovative new feature, the first micro ring resonator (MRR) optical component in 300 mm wafer technology.GF said the new platform has passed critical technology milestones and is on track for full technology qualification by Q1 2022. The company also confirms that it is engaged with...

GlobalFoundries and Qualcomm team on 5G RF front-end

GlobalFoundries (GF) and Qualcomm Global Trading PTE., are extending their RF collaboration on 5G multi-Gigabit speed RF front-end products for 5G-enabled products.“GlobalFoundries continues to lead in RF with feature-rich technology solutions for 5G,” said Dr. Bami Bastani, senior vice president and general manager, mobile and wireless infrastructure strategic business unit at GF. “Our strong collaboration with Qualcomm Technologies includes sub-6...

GlobalFoundries plans new $1 billion fab expansion in New York

GlobalFoundries (GF) announced its expansion plans for its most advanced manufacturing facility in upstate New York.GF will invest $1 billion to immediately add an additional 150,000 wafers per year within its existing Fab 8 to help address the global chip shortage. Following that, GF plans to construct a new fab that will create more than 1,000 new high-tech jobs. GF recently announced new fab in Singapore and $1 billion planned investment...

GLOBALFOUNDRIES and GlobalWafers increase 300mm wafer supply

GlobalFoundries announces 45nm Silicon Photonics platform

GlobalFoundries announced a  new Silicon Photonics 45nm platform for combining RF CMOS and optical components on the same chip.The monolithic platform includes an innovative new feature, the first micro ring resonator (MRR) optical component in 300 mm wafer technology.GF said the new platform has passed critical technology milestones and is on track for full technology qualification by Q1 2022. The company also confirms that it is engaged with...

GlobalFoundries and Qualcomm team on 5G RF front-end

GlobalFoundries (GF) and Qualcomm Global Trading PTE., are extending their RF collaboration on 5G multi-Gigabit speed RF front-end products for 5G-enabled products.“GlobalFoundries continues to lead in RF with feature-rich technology solutions for 5G,” said Dr. Bami Bastani, senior vice president and general manager, mobile and wireless infrastructure strategic business unit at GF. “Our strong collaboration with Qualcomm Technologies includes sub-6...

GlobalFoundries plans new $1 billion fab expansion in New York

GlobalFoundries (GF) announced its expansion plans for its most advanced manufacturing facility in upstate New York.GF will invest $1 billion to immediately add an additional 150,000 wafers per year within its existing Fab 8 to help address the global chip shortage. Following that, GF plans to construct a new fab that will create more than 1,000 new high-tech jobs. GF recently announced new fab in Singapore and $1 billion planned investment...