Mubadala-owned semiconductor firm GlobalFoundries and its partners have broken ground on a $4bn semiconductor fabrication facility in Singapore.

GlobalFoundries has partnered with Singapore Economic Development Board and “committed customers” to expand its manufacturing capacity to meet growing demand.

When complete, the facility will expand GlobalFoundries’ Singapore capacity by 450,000 wafers a year taking the total capacity to 1.5 million of its 300mm wafers a year.

The global demand for semiconductor chips is expected to increase 2.1 times in the next eight years.

Semiconductor chips are used from smart phones to automobiles.

The so-called fourth industrial revolution (4IR), the availability of fifth generation (5G) mobile communications network and the accelerated adoption of digitalisation post Covid-19 contribute to the global demand growth of semiconductor chips.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

In addition to GlobalFoundries, Mubadala’s technology portfolio includes a significant stake in US-based chipmaker Advanced Micro DevicesAl-Yah Satellite Company, Emirates Integrated Telecommunications Company (Du), and most recently, Abu Dhabi-based G42.

READ: Abu Dhabi’s technology pivot is hard to ignore