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GlobalFoundries and STMicroelectronics would join forces to build a wafer factory in France

According to the latest industry reports, GlobalFoundries Yes STMicroelectronics are currently in talks with the French government to jointly build a factory in the country taking advantage of public funds join the race for Europe to become a future powerhouse in chipmaking.

It must be remembered that the European Commission provides a large amount of funds to various countries to try to get the old continent to produce 20% of the world’s chips by 2030.

“[la compañía] is committed to working with our customers, partners and governments to help solve the global chip shortage by leveraging new economic partnership models that include co-investments to expand our global manufacturing capability,” said a carrier. word of GlobalFoundries. “Yes, there is more information to share, we will do so when the time is right.”

STMicroelectronics said it would not comment on “speculation” but said the company “welcomes the continued work of public authorities to help the semiconductor industry continue to innovate with various strategic support instruments” .

“We will be a key contributor to increasing the volume of semiconductor production in Europe and also to supply chain independence across all European industries.”

GlobalFoundries brochure

The French factory could concentrate in the production of energy-efficient chips with advanced manufacturing processesIn April, GlobalFoundries and STMicroelectronics, along with Soitec and the CEA research center, announced the start of a collaboration to develop the next generation of FD-SOI technology.

The company French-Italian STMicroelectronics originated from CEA-Leti in Grenoble, an area where it has its French factories, while GlobalFoundries does not yet have facilities in the country. Abu Dhabi-owned GlobalFoundries has a large manufacturing facility in Dresden, Germany.

If the two companies reach an agreement, GlobalFoundries and STMicroelectronics would create the second foundry resulting from the European chip law. In March, Intel Corp. announced plans to build a huge foundry to manufacture state-of-the-art chips in Magdeburg (Germany), as well as other investments throughout Europe, like Spain.

via: Bloomberg

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