GlobalFoundries sells its photomask unit to Toppan

Posted on Friday, Aug 16 2019 @ 10:40 CEST by Thomas De Maesschalck
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GlobalFoundries shrinks a bit more by selling its photomask operations and patents to Toppan Photomasks. AnandTech reports the deal comes with a multi-year contract that will see GlobalFoundries purchasing photomask services from Toppan for its USA operations. GlobalFoundries says it's selling the photomask unit as it's seen as non-essential for its current business strategy.
Transfer of the photomask production equipment will enable GlobalFoundries to consolidate its Fab 9 floor space and potentially expand capacity available for production using specialized RF process technologies on 200-mm wafers. The contract maker of semiconductors claims that the transfer of photomask operations from the fab will have no impact on jobs and it will not fire any personnel.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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