STMicroelectronics and GlobalFoundries to build wafer fab in France
, one of its leading lights – GlobalFoundries – has announced a joint venture to build a wafer fab with Swiss concern STMicroelectronics and"significant financial support from the State of France".
The two companies today announced they've signed a"Memorandum of Understanding to create a new, jointly-operated 300mm semiconductor manufacturing facility adjacent to ST's existing 300mm facility in Crolles, France." The plant is predicted to come online in 2026 and to produce 620,000 300mm wafers a year. GlobalFoundries will get 58 percent of the product, with the remainder destined for STMicroelectronics.
The factory will produce wafers using Fully Depleted Silicon On Insulator tech – a chipmaking technique that produces speedy and power-sipping chips that aren't leading edge but possess characteristics that make them suitable for use in the automotive and Internet of Things applications. The two companies will target buyers such as carmakers and manufacturers of comms equipment with the output of the factory.
Both companies stated the plant will help them to evolve their products in future, and that the factory's output will remain relevant to buyers for"for the next few decades".
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