Singapore gets $4 billion semiconductor fabrication plant

  • As part of its major international manufacturing expansion, GlobalFoundries, the world’s third-largest contract chipmaker, launched a semiconductor fabrication plant in Singapore this week
  • Tan Yew Kong, the U.S. chipmaker’s general manager in Singapore, said the new 248,000-square foot facility can produce 450,000 300 millimeter wafers annually at full capacity
  • The company expects weak global demand for chips to pick up by the second half of 2024, he added

SINGAPORE: As part of its major international manufacturing expansion, GlobalFoundries, the world’s third-largest contract chipmaker, launched a semiconductor fabrication plant in Singapore this week.

Tan Yew Kong, the U.S. chipmaker’s general manager in Singapore, said the new 248,000-square foot facility, which costs US$4 billion, can produce 450,000 300 millimeter wafers…



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