GlobalFoundries says the fab will further enhance its ability to provide its “feature-rich RF, analog power, non-volatile memory solutions.”
The new fab will add 250,000 square feet of cleanroom space and new administrative offices, and will create 1,000 new high-value jobs such as technicians, engineers and more.
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As construction is already underway, the plant is planned to start production in Q1 2023, and will expand capacity by 450,000 wafers per year.
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GlobalFoundries says it will support fast growing end markets in the automotive, 5G mobility and secure device segments with long-term customer agreements already in place
