Growing demand for semiconductors fuels expansion in ‘Silicon Saxony’


A wafer is processed in a single wafer diffusion mechanism inside the GlobalFoundries semiconductor manufacturing facility in Malta, New York, US. GlobalFoundries plans to invest €400mil (RM1.94bil) to expand its clean rooms in Dresden. — Bloomberg

Soaring demand for chips and other key semiconductor products is fuelling the expansion plans of chip makers in Dresden, home to a cluster of IT and microelectronics manufacturers.

US chipmaker GlobalFoundries plans to invest €400mil (RM1.94bil) to expand its clean rooms. The company produces 400,000 wafers a year and plans to double this, according to chief executive Manfred Horstmann.

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