About a month ago, rumors swirled about plans to build a factory in France from GlobalFoundries (GloFo) and STMicroelectronics. Now we are confirming that this is totally true and the two companies are going to join forces to build a wafer plant, which is expected to go live in 2026with a production capacity of 620,000 platelets 300mm per year.
The rumors have come true and less than a month after the alleged creation of a factory in France, it is now confirmed that it will finally be done. Thus, GlobalFoundries and STMicroelectronics are joining forces to create a 300 mm semiconductor manufacturing plant. All thanks to an “important” french investment that the two companies will receive, without specifying the amount invested.
STMicroelectronics and GlobalFoundries expect the factory in France to produce 620,000 wafers/year
There are still a few years left for the French factory to become fully operational, although calculations have already been made on what its production will be. It is said that when it is operational in 2026, the plant will produce 620,000 300 mm plates per year. From this, GlobalFoundries take a 58%while the rest of the plant in France will be for STMicroelectronics (42%).
“The two companies today signed a memorandum of understanding to establish a new jointly operated 300mm semiconductor fab alongside ST’s existing 300mm fab in Crolles, France.”
Although it was leaked a month ago that the French factory would be used for advanced manufacturing processes, we now know more details. This manufacturing facility will produce wafers using technology Fully Depleted Silicon on Insulator (FDSOI)who produces quick tokens and of low consumptionbut what they are not pointers. Therefore, they will be used for automotive and Internet of Things applications (IoT).
Therefore, the chosen clients will be Car manufacturers and communications equipment, where much of the manufactured chips will go.
The European Union aims to manufacture 20% of the world’s chips by 2030
Let us therefore remember that the European Commission uses a large amount of funds to EU countries to achieve this goal. With this, we expect an evolution of the European market in this sector, in which we are behind others, such as the Americans. Thus, with the joint factory of STMicroelectronics and GlobalFoundries located in France, it will become a key element for the increase in production semiconductors in Europe.
In addition, the French wafer manufacturing plant, will generate 1,000 jobs, something that is always appreciated. Thus, it should gradually achieve this EU target of manufacturing 20% of the world’s silicon by 2030. Confirmation of the STMicroelectronics and GloFo factory in France emerged after the announcement that World brochures wants to build a factory Texasafter failing to buy Sitronics.
Moreover, it seems that there is a certain desperation in Europe to increase as quickly as possible the production of chips on its territory. For example, Intel received 6.8 billion euros in the form of a grant to build a factory in Magdeburgeven if in this case it does not even cover a quarter of the total cost of 33 billion euros.