GlobalFoundries (GF) is building a new fab plant on its Singapore campus to meet the growing demand for semiconductors globally.
The more than US$4 billion investment is in partnership with Singapore’s Economic Development Board (EDB) and committed customers.
The global demand for semiconductor chips is growing at an unprecedented rate, with worldwide semiconductor revenue projected to increase 2.1 times in the next eight years. To meet that demand, GF has planned capacity expansions at all its manufacturing sites in the US, Germany and, starting with the construction of phase one of its 300mm fab expansion, Singapore.
When completed, it will increase capacity for 450,000 more wafers per year, bringing GF’s Singapore campus up to about 1.5 million (300mm) wafers per year.
The new fab will be the most advanced semi manufacturing facility in Singapore and will further enhance GF’s ability to provide its feature-rich RF, analogue power, non-volatile memory solutions.
GF is adding 250,000 square feet of cleanroom space and new administrative offices. The new fab will create 1,000 new high-value jobs such as technicians, engineers and more. Construction is already underway and expected to ramp in 2023.
“GF is meeting the challenge of the global semiconductor shortage by accelerating our investments around the world. Our new facility in Singapore will support fast-growing end-markets in the automotive, 5G mobility and secure device segments with long-term customer agreements already in place,” said Tom Caulfield, CEO of GF (top)
“The semiconductor industry is a key pillar of Singapore’s manufacturing sector, and GF’s new fab investment is testament to Singapore’s attractiveness as a global node for advanced manufacturing and innovation. It will help GF’s customers to strengthen the resilience of their supply chains, and also add to the vibrancy of our economy through the creation of good jobs for Singaporeans and business opportunities for our local enterprises,” said Dr Beh Swan Gin, Chairman of EDB.