Thread regarding GlobalFoundries layoffs

There is a 3rd sale

From EE times

“In January, GF sold its 200-mm Fab 3E in Singapore to Taiwan’s Vanguard for $236 million. It is close to announcing a third and final sale — probably a process-technology transfer — as part of the restructuring under the new CEO.”

Well very sure it’s the 200mm site it’s talking about .... unless it’s that spinoff they had

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Post ID: @OP+YSLP7Kc

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It is Avera Semiconductor (the spin-off) they are referring to. They have been shopping it since early this year. This is the Process Technology Transfer.

Post ID: @csm+YSLP7Kc

It's Chengdu, Page three from EE Times Article.

"Meanwhile, Caulfield has another big item on his to-do list — finding a second partner to get off the ground his China joint venture in Chengdu. A shell has already been built in a deal announced in early 2017, but no tools have been installed.

“We’re still looking for the right partnership model for demand certainty with participation of a customer,” Caulfield said. “There’s no sense facilitating a facility no one will use.”

“The days of a field of dreams — ‘build it and they will come’ — has fallen by the wayside,” he said. “We’re confident we’ll get the right partner — it’s just a matter of time.”

Post ID: @dvy+YSLP7Kc

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