Featured Articles

Intel takes credit for three-way 4K gaming

Intel takes credit for three-way 4K gaming

All of a sudden Intel is talking about desktop gaming like there is no tomorrow and it is pushing it. The…

More...
Nvidia Shield Tablet 32GB 4G LTE out for pre orders

Nvidia Shield Tablet 32GB 4G LTE out for pre orders

Nvidia has finally revealed the shipping date of its Shield Tablet 32GB in 4G LTE flavour and in case you pre-order…

More...
Apple announces its Apple Watch

Apple announces its Apple Watch

Apple has finally unveiled its eagerly awaited smartwatch and surprisingly it has dropped the "i" from the brand, calling it simply…

More...
Skylake 14nm announced

Skylake 14nm announced

Kirk B. Skaugen, Senior Vice President General Manager, PC Client Group has showcased Skylake, Intel’s second generation 14nm architecture.

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 19 January 2012 07:04

GlobalFoundries to spend $3 billion on plants in 2012

Written by Jon Worrel

globalfoundries

Fab 8 in New York and Abu Dhabi

According to a recent interview with Globalfoundries CEO Ajit Manocha at CES 2012 in Las Vegas, the fabrication giant plans to spend $3 billion on plant construction and equipment in 2012, down from $5.4 billion in 2011.

Manocha has stated that the majority of the investment funds will go toward finishing and equipping their long-anticipated Fab 8 in Malta, Saratoga County, New York. Ultimately, we can expect Fab 8 production to be fully ramped up by the end of 2012.

The new Fab 8 campus from Globalfoundries is location about 100 miles north of the IBM campus in East Fishkill, New York and stands as one of the most techologically advanced wafer labs in the world. When fully ramped, the total clean-room space will be approximately 300,000 square feet and will be capable of a total output of approximately 60,000 wafers per month. Globalfoundries will dedicate Fab 8 as a cutting-edge manufacturing plant for 32nm, 28nm and below.

“The transformation wasn’t going too fast enough until I took over as CEO,” he said. “We’ve shown a great improvement.” In addition to plant construction on Fab 8, Globalfoundries also plans to add production in Abu Dhabi, the second largest city in the United Arab Emirates. Ultimately, we expect both moves will attract more customers to the fabrication giant over the course of the next two years.

Last modified on Thursday, 19 January 2012 07:35

Jon Worrel

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments