"In four years, you'll see the first foundry in Abu Dhabi," Mubadala Chief Operating Officer Waleed Al Muhairi said at an energy conference in the United Arab Emirates' capital.
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"We will be No. 2 in two years," Muhairi said. "It is an industry changing move to create, at home, this business. We want to compete with Intel (INTC.O)."
Abu Dhabi to open its first foundry within four years
Posted on Monday, November 09 2009 @ 21:14 CET by Thomas De Maesschalck