EXPANSION OF Site TO BOOST CAPACITY
GlobalFoundries, the country’s third-largest deal chipmaker, has had a reputation in Singapore since 2010.  ,
It runs one of the biggest chip factories in this area, and it can generate 1.5 million 300mm chips every year.
In response to a surge in demand, the company added 23, 000 square meters, or roughly four football fields, of space next year.
For businesses like automotive, aviation, and defense, the company produces integrated circuits on wafers made for smart mobile products. Qualcomm and other major clients include some of its biggest consumers, including silicon companies.
JTC’s senior vice president, Tan Yew Kong, described the construction of GlobalFoundries ‘ US$ 4 billion expanded fabrication plant as” a very key role” in the company’s “very key role.”
He told CNA that Singapore, which has 55 times of silicon history, was able to give a network to provide supplies and equipment.
” We are certainly here to stay, and looking at the marketplace attitude of regionalisation, friendshoring, all these methods – certainly, having a site like Singapore to support the global footprint is a very important thing”, he added.
Friendshoring refers to the practice of sourcing and manufacturing from nations with comparable political positions.
According to Mr. Tan, the industry is projected to nearly twice from US$ 600 million to US$$ 1 trillion, which means it is “very important” to build a factory in progress.
” We are pacing ourselves so that our toolsets are all turned on and ready for it when the market is it.” The good news is that truly, our tools are around. We just need to fire it up and get it ready”, he added.