News
 

Bookmark and Share

(0) 

Globalfoundries, a contract maker of semiconductors controlled by Advanced Technology Investment Company and Advanced Micro Devices, said that it would receive $3.5 billion in revenues in 2010. Such level of earnings will make Globalfoundries nearly as big as United Microelectronics Corp. (UMC), the world's second biggest contract maker of chips.

Industry analysts expect UMC's 2010 revenues to be in the range of $3.92 billion, which means that Globalfoundries will not be significantly behind its slightly larger rival. Still, both will remain considerably behind market leader Taiwan Semiconductor Manufacturing Company (TSMC), whose sales will likely exceed $10 billion.

Song-Hwee Chia, chief operating officer of Globalfoundries, said at a press conference in Taipei, Taiwan, that Globalfoundries has spent $2.7 billion in capex, reports DigiTimes web-site. The foundry originally set its full-year capex at $2.5-2.7 billion.

Globalfoundries also intends to expand monthly capacity at Fab 7 in Singapore to 50 000 of 300mm equivalent wafers in mid-2011 from 42 000 at present. Capacity at Fab 1 in Germany will be boosted to 45 000 300mm wafers a month around the end of 2011 and reach 80 000 units in 2012, compared to the current level of 30 000 units. After the Globalfoundries' upgrades become effective, the company would be able to produce 400 thousand 300mm wafers in 2012, up from 150 thousand wafers in early 2010.

Tags: Globalfoundries, Semiconductor, Business, TSMC, UMC

Discussion

Comments currently: 0

Add your Comment




Related news

Latest News

Monday, April 14, 2014

8:23 am | Microsoft Vows to Release Xbox 360 Emulator for Xbox One. Microsoft Xbox One May Gain Compatibility with Xbox 360 Games

Tuesday, April 1, 2014

10:39 am | Microsoft Reveals Kinect for Windows v2 Hardware. Launch of New Kinect for Windows Approaches

Tuesday, March 25, 2014

1:57 pm | Facebook to Acquire Virtual Reality Pioneer, Oculus VR. Facebook Considers Virtual Reality as Next-Gen Social Platform

1:35 pm | Intel Acquires Maker of Wearable Computing Devices. Basis Science Becomes Fully-Owned Subsidiary of Intel

Monday, March 24, 2014

10:53 pm | Global UHD TV Shipments Total 1.6 Million Units in 2013 – Analysts. China Ahead of the Whole World with 4K TV Adoption

10:40 pm | Crytek to Adopt AMD Mantle Mantle API for CryEngine. Leading Game Developer Adopts AMD Mantle

9:08 pm | Microsoft Unleashes DirectX 12: One API for PCs, Mobile Gadgets and Xbox One. Microsoft Promises Increased Performance, New Features with DirectX 12

3:33 pm | PowerVR Wizard: Imagination Reveals World’s First Ray-Tracing GPU IP for Mobile Devices. Imagination Technologies Brings Ray-Tracing, Hybrid Rendering Modes to Smartphones and Tablets

2:00 pm | Nokia Now Expects to Close Deal with Microsoft in Q2. Sale of Nokia’s Division to Close Next Month