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GlobalFoundries eyes opportunities in China's semiconductor industry
2015-01-07 01:34:06| Semiconductors - Topix.net
Contract chip manufacturer GlobalFoundries is looking to foster deeper ties with the mainland's semiconductor industry, after completing its acquisition of International Business Machines Corp's microelectronics business. GlobalFoundries, which is owned by the Abu Dhabi government's Mubadala Development, agreed in October last year to take over IBM's loss-making semiconductor technology operation for US$1.5 billion, which IBM will pay the California-based chip manufacturer over three years.
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Category:Electronics and Electrical