Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens OC_Formula, Mr. Aviation, rain and snow for the delivery of clues on the way! CTOnews.com, September 17 (Xinhua) as part of a global expansion plan, Groufonde officially opened its $4 billion wafer fabrication plant in Singapore on Tuesday. (CTOnews.com Note: currently about 29.12 billion yuan)

Tan Yew Kong, general manager of Lattice Singapore, said the 23000-square-meter fab is expected to produce 450,000 300mm wafers a year between 2025 and 2026, increasing its total capacity to about 1.5 million wafers a year and creating 1000 jobs, 95 per cent of whom are equipment technicians, process technicians and engineers.

"if we make full use of the capacity of the Singapore factory, it could account for about 45 per cent of the core's revenue," he said. the company expects global demand for chips to pick up by the second half of 2024. "

GE's Singapore business serves 200 customers around the world, as well as two other factories that produce 720,000 300mm wafers and 692,000 200mm wafers a year for automotive and 5G technology.

Due to a shortage of chips during the outbreak, Grosfond announced that it would spend $6 billion on global expansion in 2021, which has since become a surplus.

It is reported that one of GE core's biggest customers is Qualcomm. The company said on Monday that it had signed an agreement with Apple to supply 5G chips at least by 2026, which will benefit GlobalFoundries.

According to market intelligence provider TrendForce, GlobalFoundries is the world's third-largest contract manufacturer by revenue, after TSMC and Samsung Electronics of South Korea.

Singapore's total semiconductor production, which accounts for 11 per cent of the global market, is expected to grow as more chipmakers open or expand their operations in the coming months.

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