Thread regarding GlobalFoundries layoffs

Back to the Future?

Here's an interesting article from EE Times from 2012 - seems almost appropriate for what we have experienced over the past 6-9 months.

https://www.eetimes.com/author.asp?section_id=36&doc_id=1266260&utm_source=eetimes&utm_medium=networksearch

Another interesting thing is that it states GF has $4.5B revenue in 2012. Since that time we have acquired IBM Micro and filled Fab8 which accounts for another $2.5-$3B in revenue but only have increased revenue by $1.5B. There must be some huge losses in revenue at Dresden or The Woodlands.

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Post ID: @WsODwNx

3 replies (most recent on top)

Fab 8 isn't going to hang on for long once AMD leaves them. I guess management did see the handwriting on the wall, and they dumped 7nm because they knew it was a losing endeavour. However, I don't think all the "IoT" business they're planning on landing is going to save them. There isn't enough profit in those chips to support them.

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Post ID: @WsODwNx-9gzp

Another interesting article, kind of shows GF was in a losing battle on 7LP but also indicates that AMD's orders from Fab8 may be declining much sooner than everyone thinks as Zen2 chips start to replace Zen1 (and Zen1 gets heavily discounted, if AMD's past actions are any indication.)

https://www.tomshardware.com/news/tsmc-7nm-node-underutilized-h12019,38205.html

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Post ID: @WsODwNx-8ppy

Here's a more recent article from a European (Ital) semiconductor news site:

https://www.bitsandchips.it/english-news/10618-aticis-looking-for-potential-buyers-for-globalfoundries

(This one is recent)

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Post ID: @WsODwNx-8qzg

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