Winners & Losers of GloFo's China Deal
Junko Yoshida, Chief International Correspondent
EETimes (2/13/2017 06:41 PM EST)
Globalfoundries’ announcement last week that it intends to build a $10 billion fab in Chengdu, China, came as no surprise to the industry observers following China’s aggressive pursuit of a local soup-to-nuts semiconductor eco-system.
Bill McClean, president of market-watcher IC Insights, told my colleague Rick Merritt, “With TSMC, UMC, and SMIC expanding their foundry capacity in China, I believe that Globalfoundries believes that they need to do something as well.”
Globalfoundries’ move is a reminder of China’s inexorable arms race for semiconductor production capacity.
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