Tuesday 19 March 2024
 
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Global Foundries

Abu Dhabi fund to buy Taiwanese wafer fab

Taiwanese memory chip maker Promos Tech will sell its 12-inch wafer fab to contract chipmaker Global Foundries, owned by an Abu Dhabi state fund, at an estimated price of T$20-30 billion ($676 million - $1 billion), the industry paper Digitimes sa

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Abu Dhabi to invest $6bn more in chip plants

Global Foundries, majority owned by Abu Dhabi, plans to invest some $6 billion by the end of 2012 to boost manufacturing capacity after spending a similar amount this year, the company said on Thursday.    The company also

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Abu Dhabi to invest $6bn more in chip plants

Global Foundries, majority owned by Abu Dhabi, plans to invest some $6 billion by the end of 2012 to boost manufacturing capacity after spending a similar amount this year, the company said on Thursday.    The company also

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