Thread regarding GlobalFoundries layoffs

Averasemi sale evidence?

In Tom's recent interview with EE times -

“We still have something in our portfolio that doesn’t make sense for us as a foundry … We are closing in on a great partner, so we don’t compete with our customers,” said Tom Caulfield, who took over as chief executive at GF in March 2018.

The deal, coming soon, will be smaller than the Fab 10 sale in dollars and people. “Everything after that is off to the races; we will be finished re-positioning the company and going on the offensive,” Caulfield said.

In the recent global cast Q&A -

Woman: "Are we selling any more fabs?"

Tom - "We are done selling fabs"

Also the rumor mill is churning.

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Post ID: @YSg77Uo

6 replies (most recent on top)

https://www.marvell.com/company/news/pressDetail.do?releaseID=10897

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Post ID: @YSg77Uo-hbxv

"We are done..." is infamous and scary words coming out his mouth- see it's coming again.

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Post ID: @YSg77Uo-5vvd

"We are done selling fabs" - May 2019

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Post ID: @YSg77Uo-5gjk

"Sold to Ericsson" doesn't make a lot of sense. Ericsson uses what is now Avera, but Avera's market is much bigger than Ericsson's. If they owned it, then it would push away a lot of potential customers who are in competition with E.

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Post ID: @YSg77Uo-3oei

Sold to Ericsson

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Post ID: @YSg77Uo-2wmr

-"We're done with layoffs" - June 2018

-"7nm is on track for High volume in the 2nd half of 2018" - May 2018

"Watch my lips moving" - now!

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Post ID: @YSg77Uo-mqq

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