A week after breaking ground on a new $4.2 billion manufacturing plant in upstate New York, GlobalFoundries signs a deal to manufacture products for STMicroelectronics. GlobalFoundries, which AMD spun off in March, will manufacture products that will go into wireless and handheld devices as well as consumer electronics.
– GlobalFoundries, the spinoff company from Advanced Micro Devices, will
manufacture processors for wireless and computer devices for
STMicroelectronics.
GlobalFoundries announced the deal with STMicroelectronics July 29, marking
the first non-AMD customer for the young
manufacturing company.
Th…