Semiconductor manufacturing firm GlobalFoundries has announced plans to invest US$4 billion to build a new wafer fabrication plant in its Woodlands campus, which will mark its first expansion here in over 10 years.
At a virtual groundbreaking ceremony, CEO Tom Caulfield revealed that the fab will be “the most advanced semi manufacturing facility in Singapore.”
GlobalFoundries says the fab will further enhance its ability to provide its “feature-rich RF, analog power, non-volatile memory solutions.”
The new fab will add 250,000 square feet of cleanroom space and new administrative offices, and will create 1,000 new high-value jobs such as technicians, engineers and more.
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As construction is already underway, the plant is planned to start production in Q1 2023, and will expand capacity by 450,000 wafers per year.
GlobalFoundries says it will support fast growing end markets in the automotive, 5G mobility and secure device segments with long-term customer agreements already in place
