GlobalFoundries boosts semiconductor manufacturing with new Singapore fab
GlobalFoundries (NASDAQ: GFS) officially unveiled its $4 billion expansion fabrication plant in Singapore. Occupying a 23,000 sqm space, the new facility aims to create 1,000 high-value jobs, primarily consisting of equipment technicians, process technicians, and engineers. This marks a significant increase in the company’s global manufacturing capabilities.
Key Attendees at the Opening Ceremony
The grand opening event was attended by notable figures, including Singapore’s Deputy Prime Minister and Minister for Finance, Mr. Lawrence Wong, and GlobalFoundries’ Board Chairman Ahmed Yahia Al Idrissi. Other executives such as GlobalFoundries President and CEO Dr. Thomas Caulfield were also present.
Impact on Global Manufacturing Capabilities
This facility amplifies GlobalFoundries’ worldwide manufacturing footprint, enhancing product security and flexibility across sites on three continents. As the most advanced semiconductor facility in Singapore, it is slated to produce an additional 450,000 wafers (300mm) annually, thereby expanding the overall output of GlobalFoundries Singapore to approximately 1.5 million wafers (300mm) each year.
Dr. Thomas Caulfield, the CEO of GlobalFoundries, said, “We are thrilled to ramp our operations at the Singapore expansion site. This new facility is the result of our close partnership with our customers and the Singapore government, and testament to the hard work and effort put in by our employees.”
Singapore’s Expanding Semiconductor Landscape
Currently, Singapore contributes to 11% of the global semiconductor market. With Manufacturing 2030 vision in sight, the country is progressing to become a global hub for advanced manufacturing. GlobalFoundries is poised to support the increasing demand for essential semiconductor chips.
Jacqueline Poh, Managing Director of EDB, commented, “GlobalFoundries’ fab expansion in Singapore will extend its leadership in semiconductor manufacturing. The new facility will invigorate Singapore’s sophisticated semiconductor ecosystem.”
Sustainability Features of the New Facility
Notably, the new facility is designed with sustainability in mind, earning Green Mark Gold status from Singapore’s Building and Construction Authority. It employs the latest technologies to manage resources and waste, recycle and reuse water, and increase energy efficiency.