GlobalFoundries (GF) is expanding its global manufacturing footprint with the construction of a new fab on its Singapore campus.
Together with the Singapore Economic Development Board and with co-investments from its committed customers, GF’s more than US $4 billion (S$5 billion) investment will play an important role in meeting the growing demand for the company’s manufacturing technologies and services to enable companies worldwide to develop and scale their business.
When complete, GF will add capacity for 450,000 wafers per year, bringing GF’s Singapore campus up to approximately 1.5 million (300mm) wafers per year. The new fab will be the most advanced semi manufacturing facility in Singapore and will further enhance GF’s ability to provide its memory solutions.
With this new fab, GF will be adding 250,000 square feet (23,000 square meters) of cleanroom space and new administrative offices. The new fab will also create 1,000 new jobs such as technicians, engineers and more. With construction already underway, the Fab is planned to ramp in 2023.
“GF 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 industry leaders such as GlobalFoundries to address the global demand for semiconductors, especially in growth areas such as artificial intelligence and 5G,” said Beh Swan Gin, Chairman of the Singapore Economic Development Board.
“The semiconductor industry is a key pillar of Singapore’s manufacturing sector, and GlobalFoundries’ new fab investment is 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.”