GloFo abandons China fab

Globalfoundries has filed papers to officially close its FD-SOI fab in Chengdu, China and lay off its 74 employees. GloFo and the town of Chengdu had a jv to build a $10 billion 300mm fab for 22nm FD-SOI. The plan was to  begin production of mainstream process technologies in 2018 and then focus on manufacturing 22FD-SOI, ...

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