Anyway, good deal for GF, good deal for Qualcom, and hopefully a good deal for consumers everywhere.
GLOBALFOUNDRIES and Qualcomm Intend to Collaborate on the Development of Leading-Edge Technology and Pursue a High-Volume Manufacturing Engagement
– Industry leaders in advanced foundry technology and wireless products and services
intend to team up to drive mobile product innovation –
SUNNYVALE, Calif. and SAN DIEGO – January 7, 2010 – GLOBALFOUNDRIES, a leading provider of advanced semiconductor manufacturing technology, and Qualcomm Incorporated, a leading developer and innovator of advanced wireless technologies, products and services, today announced that they have entered into a non-binding memorandum of understanding to collaborate on leading-edge technologies. Initially, GLOBALFOUNDRIES intends to provide Qualcomm with access to leading-edge 45nm Low Power (LP) and 28nm (LP) technologies with an intended collaboration on future advanced process nodes.
“As our customers increasingly
demand more performance, lower power, functionality and portability
in their mobile experiences, the need for a strong manufacturing and
technology foundation is more important than ever before,” said Jim
Clifford, senior vice president and general manager of operations, Qualcomm
CDMA Technologies. “With its manufacturing capacity and technology
roadmap, GLOBALFOUNDRIES is well positioned to help us enable the next
generation of wireless innovation.”
Qualcomm’s Integrated Fabless
Manufacturing (IFM) model builds tight technical interfaces among all
parties in the semiconductor development cycle, delivering greater efficiency,
lower costs and quicker time to market for new products. A crucial component
of the Qualcomm’s IFM strategy is a multi-foundry approach, which
helps assure product supply to Qualcomm’s device manufacturing customers
and provides the Company flexibility to meet rapidly changing demands.
The IFM model is designed to accelerate Qualcomm’s technology execution
and to meet the exponential growth expected in the wireless semiconductor
The intended relationship with
GLOBALFOUNDRIES will focus on Qualcomm’s wireless businesses and provide
technologies for handheld products that operate on the CDMA2000®, WCDMA
and 4G/LTE cellular standards, including the emerging smartbook device
segment. Both companies anticipate that GLOBALFOUNDRIES will begin
accepting Qualcomm designs at Fab 1 in Dresden in 2010.
“As one of the largest and
most successful semiconductor design companies in the world, Qualcomm
needs access to the industry’s most advanced technologies along with
the ability to rapidly bring them to market,” said Douglas Grose,
chief executive officer, GLOBALFOUNDRIES. “By bringing the benefits
of a leading-edge IDM model to the foundry world, we provide customers
with the fastest option to get advanced products to market in volume
and at mature yield. We’re pleased to have an opportunity to collaborate
with a market leader like Qualcomm as they enable new classes of wireless
products and technologies for the future.”
In addition to advanced technology
nodes, the two companies intend to explore other areas to collaborate
on such as die-package interaction and 3D packaging technologies.
GLOBALFOUNDRIES is the world’s first truly global leading-edge semiconductor manufacturing company. Launched in March 2009 through a partnership between AMD [NYSE: AMD] and the Advanced Technology Investment Company (ATIC), GLOBALFOUNDRIES provides a unique combination of leading-edge technology, manufacturing excellence and global operations. GLOBALFOUNDRIES is headquartered in Silicon Valley with facilities in Austin, Dresden and New York.
For more information on GLOBALFOUNDRIES,
Qualcomm Incorporated (Nasdaq: QCOM) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 100 Index, the S&P 500 Index and is a 2009 FORTUNE 500® company. For more information, please visit Qualcomm around the Web:
Twitter: www.twitter.com/qualcommFacebook: www.facebook.com/Qualcomm