SemiMedia SemiMedia
  • Breaking News
  • MarketWatch
  • Distribution
  • Manufacturer
  • Video
  • About us
Home › MarketWatch › Insiders: Globalfoundries may be sold
  • 0

Insiders: Globalfoundries may be sold

SemiMediaEdit
February 19, 2019

In September last year, industry insiders pointed out that Globalfoundries, the world's third largest wafer foundry, may be acquired. Recently, the market has once again sent a similar message, the news pointed out that Globalfoundries has been facing the possibility of being sold after layoffs last year.

Globalfoundries is currently the third largest wafer foundry in the world with a global market share of 8.4%. Last year, Globalfoundries layoffs 5% to optimize the structure of the entire company, while independent of the ASIC department to reduce expenses. On January 31 this year, the company sold its 200mm wafer fab in Singapore to VIS.

Insiders pointed out that these measures are to make Globalfoundries easier to sell.

According to industry insiders, potential buyers include Samsung Electronics, SK Hynix and UMC. If Samsung buys Globalfoundries, Samsung Electronics' global market share will increase to 23%.

Related

electronic components news GlobalFoundries Mergers and acquisitions
Samsung increases investment in China and accelerates construction of MLCC factory
Previous
RS Components and AVX Sign Distribution Agreement
Next

All Comments (0)

Back
No Comment.

Top Post

Fire broke out at AKM factory in Japan
Qualcomm ranked first in the world's top ten IC design companies
Mouser Electronics expands to the Philippines with local customer service center
Analyze the key factors and prospects of electronic components shortage from the perspective of wafer industry
What is the root cause of the decline of the Japanese semiconductor industry?
ST releases price increase notice

Subscribe SemiMedia

Please check your E-mail to confirm the subscribtion.

Related posts

DDR4 price surge prompts some manufacturers to resume production

DDR4 price surge prompts some manufacturers to resume production

July 7, 2025
0
Renesas debuts Gen IV Plus 650V GaN FETs for high-power server and energy applications

Renesas debuts Gen IV Plus 650V GaN FETs for high-power server and energy applications

July 7, 2025
0
US mulls AI chip export controls targeting Malaysia and Thailand

US mulls AI chip export controls targeting Malaysia and Thailand

July 7, 2025
0
Microchip advances ASA-ML camera development ecosystem in Japan with Nippon Chemi-Con and NetVision

Microchip advances ASA-ML camera development ecosystem in Japan with Nippon Chemi-Con and NetVision

July 4, 2025
0
2
Copyright © 2017-2025 SemiMedia. Designed by nicetheme.
  • Please set up your first menu at [Admin -> Appearance -> Menus]
  • electronic components news
  • Electronic components supplier
  • Electronic parts supplier
  • Infineon
  • Electronic component news
  • Renesas
  • Vishay
  • STMicroelectronics
  • NXP
  • TDK

SemiMediaEdit

Administrator