Feeds

AMD fab spin-off to break super-skinny ground

Globalfoundries' NY wafer baker

Mobile application security vulnerability report

Globalfoundries, AMD's fab spin-off, has officially pledged to start construction of New-York-state plant targeting bleeding-edge 32nm and smaller-process silicon.

The company said Tuesday it sent a formal commitment letter to the state of New York for the construction of Fab 2 facilities at the Luther Forest Technology Campus in Saratoga County, New York. Globalfoundries' missive officially initiates the construction phase of the plant, as well as lets the state know its time to start issuing bonds to pay for development of the $4.2bn plant.

Fab 2 compliments Globalfoundries' cornerstone wafer bakery, Fab 1, in Dresden, Germany. The company reckons Fab 2 will be the world's first 300mm fab designed for 32nm technologies and the largest economic development project in the history of New York state.

The purchase of 223 acres of the 1,350-acre technology campus is set for Wednesday. Construction is expected to take two years to complete and an additional 12 to 18 months to swing into full operating mode. Volume production is expected in 2012.

The site is expected to create about 1,400 new indirect semiconductor manufacturing jobs at full scale production with an estimated annual payroll of more than $88m. Total capital budget for the project is about $4.2bn, including local construction expenditures of approximately $800m.

"It was three years ago this month that we announced plans to build and operate the most advanced semiconductor manufacturing facility in the world in upstate New York," said Globalfoundries chairman Hector Ruiz in a statement.

"We have worked hard to develop this project while reinventing our overall business strategy and ultimately launching Globalfoundries as a new company."®

Boost IT visibility and business value

More from The Register

next story
Report: American tech firms charge Britons a thumping nationality tax
Without representation, too. Time for a Boston (Lincs) Macbook Party?
iPad? More like iFAD: We reveal why Apple ran off to IBM
But never fear fanbois, you're still lapping up iPhones, Macs
Apple gets patent for WRIST-PUTER: iTime for a smartwatch
It does everything a smartwatch should do ... but Apple owns it
Apple orders huge MOUNTAIN of 80 MILLION 'Air' iPhone 6s
Bigger, harder trouser bulges foretold for fanbois
Microsoft takes on Chromebook with low-cost Windows laptops
Redmond's chief salesman: We're taking 'hard' decisions
For Lenovo US, 8-inch Windows tablets are DEAD – long live 8-inch Windows tablets
Reports it's killing off smaller slabs are greatly exaggerated
Cheer up, Nokia fans. It can start making mobes again in 18 months
The real winner of the Nokia sale is *drumroll* ... Nokia
Microsoft unsheathes cheap Android-killer: Behold, the Lumia 530
Say it with us: I'm King of the Landfill-ill-ill-ill
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.