US chip giant GlobalFoundries opens $4 bn Singapore plant

Credit: Pixabay/CC0 Public Domain

The world’s third-largest contract chipmaker GlobalFoundries opened a $4 billion manufacturing plant in Singapore on Tuesday as part of a global expansion to help ease an industry supply crunch.

The semiconductor sector is recovering from disruptions caused by the pandemic, high inflation and sluggish global economic growth caused…

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News Source: techxplore.com


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