GlobalFoundries Rumored to Acquire Promos for Up to $1B
GlobalFoundries apparently has agreed to purchase DRAM maker ProMOS.
According to Digitimes, GlobalFoundries will pay between $700 million and $1 billion for the company, which is based in Hsinchu Science Park, Taiwan, and employs more than 5000 people.
Following the acquisition of Chartered Semiconductor in 2009 for $3.9 billion, which gave the company 300 mm wafer manufacturing capability in Singapore, ProMOS will enable the company to attract orders from Taiwan and China by adding a 300 mm fab in Taichung. According to Digitimes, the Taichuing plant can produce 60,000 wafers per month, which will increase GlobalFoundries' current 300 mm capacity to almost 200,000 wafers per month.
ProMOS will apparently be able to continue its current business over the next couple of years.
hmm
?
Not much since they are moving away from GlobalFoundries after the many screw ups from them. They do have a few things they still make from AMD though.
going 22nm isn't as easy as it sounds
Luther Forest
"Fab 8 will be fully operational in mid-2012 and shipping products for revenue in early 2013. With high volume production in full swing in early 2013..."
That's 60k wafer-starts a month at 28/22nm.
3 ways business can go, roll over and die (no pun intended), tighten belts and potentially get absorbed by someone bigger or try to build out of it
...
Seems they are trying option 3, this will be interesting to watch
Pumping cash into expanding operations is not an issue for Abu Dhabi.
At one time there were discussions of building another new Fab, this one in the UAE, by 2015. Not sure where they went with those plans -- my only concern would be in how they planned to staff it.
ProMOS Technologies presumably manufactures AMD DRAM.
And as long as AMD uses SOI slices in their sandwiches (which will be quite sometime), GloFlo will be "On board."