U.S. chipmaker GlobalFoundries to double auto chip output for 2021

u s chipmaker globalfoundries to double auto chip output for 2021

Sumary of U.S. chipmaker GlobalFoundries to double auto chip output for 2021:

  • The executive warned, however, that the chip supply crunch will “extend well into next year as it takes quite a while for new investments to turn into capacity, and the overall lead time for silicon [chips] to make it into the auto manufacturers is also quite long.
  • GlobalFoundries — which is owned by Abu Dhabi’s sovereign wealth fund Mubadala Investment Co. — has rushed to heed the call of U.S. and European governments seeking to bring semiconductor production onshore due to national security concerns.
  • GlobalFoundries CEO Tom Caulfield recently said the chip industry as a whole needs to double production output in the next decade to address lingering shortages and growing government concerns over supply chain security.

Want to know more click here go to source.

From -

Generic selectors
Exact matches only
Search in title
Search in content

Site Language

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.