GlobalFoundries, Qualcomm Extend US Supply Deal to 2028

On August 8th, a joint statement by GlobalFoundries (GF) and Qualcomm unveiled a substantial expansion in their existing strategic global semiconductor manufacturing agreement. The agreement, doubling in quantity, specifically highlights collaborative efforts in FinFET technology, spanning 5G transceivers, Wi-Fi, automotive, and Internet of Things (IoT) connectivity.

GF has been a longstanding manufacturer of high-performance chips for Qualcomm, a prominent technology company with a global footprint. In 2021, Qualcomm's subsidiary, Qualcomm Global Trading Limited (QGT), emerged as one of the pioneering clients of GF. QGT, a subsidiary of Qualcomm Technologies, Inc., was among the early signatories of a comprehensive long-term agreement covering diverse regions and technologies to ensure robust supply chains. This agreement secures the 22FDX™ production capacity at GF's Dresden factory and now extends to include the capacity of GF's recently announced Crolles factory in France. This solidifies QGT's position as a key customer for GF's state-of-the-art European patent technologies. Additionally, QGT has secured production capacity for GF's leading 8SW Radio-Frequency Silicon on Insulator (RFSOI) technology, crucial for 5G front-end modules (FEM) operating below 6GHz. Primary production is slated to occur at GF's expanding factory in Singapore, with full-scale production anticipated to commence by early 2023.

Both companies pledge to ensure continuous wafer supply and support the U.S. manufacturing industry by expanding GF's semiconductor manufacturing facility in Malta, New York.

Thomas Caulfield, President, and CEO of GlobalFoundries, emphasizes the company's commitment to positioning Qualcomm as a major long-term client for its Northern New York facility by 2028.