Bright Side of News heard some information about GlobalFoundries' plans for the future at AMD's Financial Analyst Day. Check out the article for all the details.
In October 2008, AMD [Advanced Micro Devices, Inc.] and the ATIC [Advanced Technology Investment Company] of Abu Dhabi announced the creation of a leading-edge global semiconductor manufacturing company to address the growing demand for independent, state-of-the-art foundry production capabilities. On March 2, 2009, that new company was officially launched as GlobalFoundries.
GlobalFoundries is introducing a new model for IDM (Integrated Device Manufacturing). This means more emphasis on collaboration between customers, engineers, and everyone involved on the fab side of the equation. In the past, almost all of the R&D was segmented so the customer would hand off a rigid set of specifications to the fab. Then the fab had to go back to the customer and explain why that was the hard way to do things. This back-and-forth process took a lot of time.