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Globalfoundries and the Chengdu municipality have signed an amendment to their investment and cooperation agreement. Based on market condition changes, Globalfoundries' renewed focus on differentiated offerings and discussions with potential clients, the two firms have decided to bypass the original phase one investment in mainstream process technology (180/130nm). It is also agreed that the project's timeline will be adapted to better align capacity to meet demand from China for differentiated offerings including Globalfoundries' 22FDX technology.

With more than US$2 billion of design wins and more than 50 client designs, Globalfoundries' 22FDX technology is demonstrating traction as the industry's leading platform for power-optimized chips across a broad range of high-growth applications such as automotive, 5G connectivity and IoT. Globalfoundries' China-based clients have begun to adopt the technology at Globalfoundries' advanced manufacturing site in Dresden, Germany, including seven customers and more than nine products in various stages of manufacturing ramp.

The two firms plan to continue building a world-class FD-SOI ecosystem, including creating local technology infrastructure and bringing in more IP vendors and EDA partners, making Chengdu a center of excellence for FDXTM technology and thereby enabling local market adoption and demand generation.

"We have a long-term relationship with Globalfoundries and the 22FDX with its low power is suitable for our various products, including AI and security," said Min Li, CEO of Rockchip. "Once we achieve the right level of readiness, we look forward to ramping our production closer to home in China."

"FDX technology is particularly well-suited to the China market and we continue to see strong potential for its up-take in attractive segments such as 5G, IoT and edge computing," said Globalfoundries CEO Tom Caulfield. "We'll be working with Chengdu to deepen our collaboration to jointly accelerate the FDX ecosystem and customer base in China."

By: DocMemory
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