Thread regarding GlobalFoundries layoffs

Epic Fail

https://www.anandtech.com/show/15038/globalfoundries-and-tsmc-sign-broad-crosslicensing-agreement-dismiss-lawsuits

So this is "good news" for most of the world except for GF. So McK convinced TC and the Prince to file a suit in hopes of raking in big buck$ and all they get is some cross-licensing agreement that is pretty much worth the paper it is printed on. So basically back to where we were before the suit.

Glad those MBAs from the big name schools are running a semiconductor company with no knowledge or interest in the business other than what they can bleed from GF/Mubadala before the contract runs out.

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Post ID: @11LlAYUX

13 replies (most recent on top)

Here's what I think happened. GloFo stirred up a hornets nest with the customer base. At the end of the day they both have a boss. It's their customers they rely on to buy wafers.

I'm guessing the GF conversation went something like this. Hey TC, thanks for the lawsuit! Very much appreciated. Now go reach a settlement with TSMC fast or I'll never send another design your way. In addition, I can guarantee you that nobody else in the valley will either.

Then the TSMC conversation went something like this. Please make a fast settlement. We don't need this distraction hanging over our biz. Don't make it a long and bloody fight in court. Just throw them a bone and move on. They will be finished soon once amd is fully on 7nm at your place.

Viola! Settled.

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Post ID: @11LlAYUX-4gaq

Violation of terms of service, likely. HR exec, highly unlikely. The post, who goes by BigPivot, admitted to being a troll a while back. He said he got laid off and was trolling for fun. Intentional trolling is likely a TOS violation.

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Post ID: @11LlAYUX-4abw

What happened to the post by @11LlAYUX-1jow
Was it really posted by HR VP and violated this sites TOS ?

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Post ID: @11LlAYUX-3chx

Only Global would call this a "win". This is like getting a couple of free points awarded in a tennis match you were ultimately thrown out of. Global's been tossed from the game. The patents they received license to use form TSMC are useless to Global. Just when I think Global can't be any more of a joke, I'm proven wrong.

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Post ID: @11LlAYUX-2lqe

It's a shame highly paid HR exec : @11LlAYUX-1jow comments on this site

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Post ID: @11LlAYUX-2dqe

dog story by 11LlAYUX-1xcd reminded TC inaugural address back in 2015 (then as F8 GM) - he was showing T-short picturing a dog sledge and " your view never change unless you're the leading Dog" translating " I will make it #1 foundry!".
5 years and $B's later - here we are.

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Post ID: @11LlAYUX-1akv

yeah i tend to agree. the 'epic fail' argument around some legal battle on a corporate level is weak coming from some peons venting on this site. Anyone pushing it probably is just doing so because they are mad they got laid off. give it up. there is nothing here to this story that relates to your sad tale of a job where you got rejected. get over it and move on.

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Post ID: @11LlAYUX-1nmx

This doesn't help GF at all, unless they're trying to entice TSMC to purchase them which TSMC will never, ever, ever do, because GF is run by people who have no idea what they're doing, and the workforce isn't TSMC material, among many other reasons. The only people profiting at GF are the consultants and management who keep swindling Mubudala while digging the GF hole deeper with every horrid decision.

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Post ID: @11LlAYUX-1lsz

@Gone but not forgotten - Are you serious? This was planned? Man, you must be taking advantage of some of the new "medical" laws. How does this do anything to help GF for "a sale"? You sue your OWN customers, HOPING that TSMC will come back with a cross-licensing agreement. That is really stretching it, brother. If all they wanted was a cross-licensing agreement with TSMC for a potential sale, they could have just asked. No one was holding off on buying GF because of "potential patent" issues with TSMC. You know why? Because, there was no lawsuit until GF brought it up.

Now, you have basically devalued any patents in this company, p***ed off a lot of customers and shown the world that you bark is BIG but you don't bite, you retreat and hide behind your master's legs. I would say that this whole endeavour has done nothing but decrease any potential sale value of GF.

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Post ID: @11LlAYUX-1dmq

The clear winner here is TSMC. They get access to GF's old IBM patents, and licence to use them without threat of infringement. GF probably got a little money, but nowhere near what they wanted, and TSMC's patents are useless to GF because technologically speaking, GF is a maker of bi-planes and TSMC's making jets. As the other comment says, TSMC gained everything, and GF got nothing but embarrassment and a possibly a few shillings tossed their way. At GF, they call that "winning".

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Post ID: @11LlAYUX-1kkk

So there was a small dog and a big dog. Small dog was starving and had no respect from anyone. Out of desperation, he barked and challenged the big dog for a fight. Big dog got irritated and threatened back with a massive roar. Small dog said, let's settle by allowing each other to look at their treats they had saved. Small dog had fewer treats and he thought he had nothing to lose. Remember someone said "A patent is a patent, it doesn't have any process or PDK info." Big dog agreed because he knew small dog won't survive much and he was curious to see the small dog's treats. Small dog claimed victory as he told the world that they settled (of course with undisclosed financial terms or "price" of this settlement) and earned some respect from the owner and in the market. Big dog was happy that eventually he will get everything. All lawyers were happy. TC got another day in office. And life is good... It's not the size of the dog in a fight, but the size of the fight in a dog.

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Post ID: @11LlAYUX-1xcd

I disagree. This may have been GF's intended outcome. One barrier to a sale was people were afraid on taking the potential liability of an IP lawsuit. Intel and AMD have had a cross-licensing agreement for a long time so there is precedence. Granted there are many other barriers to a sale but this is not necessarily a bad outcome for GF and like I said may have been the intention all along.

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Post ID: @11LlAYUX-obb

GF wanted cash. TSMC knew GF is desperate for cash, so why not sign a cross-licensing agreement instead? TSMC knows GF is going nowhere except out of business once they stop bleeding AMD, so there's all upside to this deal for TSMC.

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Post ID: @11LlAYUX-yqr

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