GF moves its headquarters to its most advanced semiconductor manufacturing facility in New York
Source: GF 2021-04-28
GlobalFoundries (GF), the world's leading special process semiconductor company, announced today that with the company's development positioning, continuously strengthening customer partnerships and recruitment of new talents, the company has decided to move its headquarters to Malta, New York, which is the most advanced The location of the semiconductor manufacturing plant Fab8. This change will take effect today.
In the past ten years, GF has invested more than US$15 billion in the Fab 8 plant to support innovation and manufacturing capacity development. In 2021, the company is doubling its planned investment to expand global production capacity, of which the target investment in Malta, New York alone has reached US$500 million.
Moving from GF's previous headquarters to the most advanced fab in New York is one of the company's initiatives to meet the rapidly growing global chip demand, with a focus on semiconductor manufacturing innovation. GF will continue to maintain its important business base in Santa Clara, California, in the heart of Silicon Valley, because many of the company's important US customers and ecosystem partners are located here.
"Today GF's Fab 8 plant in New York is an advanced semiconductor manufacturing plant worth 15 billion US dollars. It plays a key role in the transformation of our industry to meet rapidly growing demand," said Tom Caulfield, CEO of GF "As a New Yorker born and raised, the son of a New York firefighter, and a manufacturer who loves this industry, I am personally proud of using upstate New York as the new headquarters of GF. Our 3,000 outstanding employees We will work with local, state and federal leaders to build on the outstanding achievements of GF, and jointly consolidate New York State’s important position as one of the world’s largest national semiconductor manufacturing centers. Our national and economic security will Relying more and more on the hard work we put in here".
Caulfield added: "Our ambitious goal is to double the output of our plant in the next few years and establish partnerships with local, state and federal governments. We firmly believe that GF will achieve this goal."
GF has more than 15,000 employees worldwide, 7,000 employees across the United States, and nearly 3,000 employees at the Fab 8 plant in Malta, New York. In 2020, GF announced a land purchase option to provide additional flexibility to expand the footprint of Fab8 to support the growing needs of the US government and industry customers.
Semiconductor chips are more popular than ever before and have become one of the most important resources of mankind. From smart phones, cars to school and hospital technology, they are everywhere, and modern society cannot do without them. Including the US government, GF is a leading supplier trusted by 250 customers worldwide.