STMicroelectronics and GlobalFoundries have signed a Memorandum of Understanding to create a new, jointly-operated 300mm semiconductor manufacturing facility adjacent to ST’s existing 300mm facility in Crolles, France. This facility is targeted to ramp at full capacity by 2026, say the companies.
The new facility is expected to support several technologies, in particular FD-SOI-based technologies, and will cover multiple variants.
ST and GF will receive significant financial support from the State of France for the new facility, according to the companies.
[Image courtesy: STMicroelectronics]