US Edition€1.1bn Plan for GF Fab in Dresden – Reports
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€1.1bn plan for GF fab in Dresden – reports
GlobalFoundries (GF) is reported to be spending €1.bn to double production at its chip fab in Dresden, Germany over the next few years. This comes as the company reported $3bn additional funding for its CMOS fab in Malta, New York and its gallium nitride (GaN) fab in Vermont. The company had already announced $13bn of funding […] The post €1.1bn plan for GF fab in Dresden – reports appeared first on eeNews Europe.
Oliver Schenk, Saxon MEP: "Very good news"
The chip contractor GF wants to expand its Dresden plant even before the state subsidies are final.
Number of days: US chip manufacturer Global Foundries wants to invest 1.1 billion euros in the coming years to build up its factory in Dresden, reports the German Handelsblatt. The federal government is expected to support the expansion with several hundred million euros, but the final funding pledge is still missing. Global Foundries operates in Dresden according to its own data, the largest chip factory in Europe. Handelsblatt.com (€), n-tv.de
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