Globalfoundries' turn in tit-for-tat expansion plans
June 1, 2010
The people from GlobalFoundries travelled to Taiwan to let number-one foundry TSMC know that the youngest foundry is ready to keep on spending in what has become a capacity war in that business. It follows soon after TSMC’s own decision to push harder on capacity expansion with the building of its own Fab 15.
Although all this expansion might look like a one-way bet in the current market conditions, where you can pretty much sell everything you can make, by the time all of this capacity is meant to come onstream it could well be a different story.
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