SEMICONDUCTOR FACTORY Globalfoundries breaks ground on new factory in Singapore
Globalfoundries new Singapore facility is the first step of the companies’ plan to expand its global manufacturing footprint to meet increasing worldwide customer demand.
Globalfoundries® (GF®), one of the market leaders in feature-rich semiconductor manufacturing, announced it is expanding its global manufacturing footprint to construct a new factory on its Singapore campus. In partnership with the Singapore Economic Development Board and co-investments from committed customers,
G.F.’s more than U.S. $4B investment will play an integral role in meeting the growing demand for the company’s industry-leading manufacturing technologies and services enable companies worldwide to develop and scale their business. Various Singaporean politicians participated in the virtual groundbreaking ceremony.
Demand on the rise worldwide
The global demand for semiconductor chips is growing at an unprecedented rate, with worldwide semiconductor revenue projected to increase 2.1 times in the next eight years1. To meet that demand, G.F. has planned capacity expansions at all its manufacturing sites in the U.S., Germany, starting with phase one of its 300mm facilitiy expansion, Singapore. When complete, G.F. will add 450,000 wafers per year, bringing G.F.’s Singapore campus up to approximately 1.5 million (300mm) wafers per year.
The new factory will be one of the most advanced semi manufacturing facilities in Singapore. It will further enhance G.F.’s ability to provide its feature-rich R.F., analog power, non-volatile memory solutions. G.F. is adding 23,000 square meters of cleanroom space and new administrative offices. The new factory will create 1,000 new high-value jobs such as technicians, engineers and more. With construction already underway, the Fab is planned to ramp in 2023.
Further investments planned around the globe
“G.F. is meeting the challenge of the global semiconductor shortage by accelerating our investments around the world. Working in close collaboration with our customers and the Government of Singapore is a recipe for success that we are pioneering here and looking forward to replicating in the U.S. and Europe,” said GF CEO Tom Caulfield. “Our new facility in Singapore will support fast-growing end-markets in the automotive, 5G mobility and secure device segments with long-term customer agreements already in place.”
“We are committed to partnering with industry leaders such as GlobalFoundries to address the global demand for semiconductors, especially in growth areas such as artificial intelligence and 5G. The semiconductor industry is a key pillar of Singapore’s manufacturing sector, and GlobalFoundries’ new fab investment is a testament to Singapore’s attractiveness as a global node for advanced manufacturing and innovation. It will help GlobalFoundries’ customers to strengthen the resilience of their supply chains, and also add to the vibrancy of our economy through the creation of good jobs for Singaporeans and business opportunities for our local enterprises,” said Dr Beh Swan Gin, Chairman of the Singapore Economic Development Board.
Semiconductors are an essential part of technological progress
Semiconductor chips are more pervasive than ever, becoming one of humankind’s most vital resources. From smartphones and automobiles to technology in schools and hospitals, modern society can no longer survive without them. GF is a trusted provider to more than 250 customers worldwide and is investing, in partnership with these customers and regional governments, to expand the capacity of its global manufacturing footprint to help right the demand-supply imbalance.