Home Business Qualcomm, GlobalFoundries sign pact to double chip manufacturing By Reuters

Qualcomm, GlobalFoundries sign pact to double chip manufacturing By Reuters

by WDC News 6 Staff


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© Reuters. FILE PHOTO: A Qualcomm signal is pictured at Cellular World Congress (MWC) in Shanghai, China June 28, 2019. REUTERS/Aly Music

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STOCKHOLM (Reuters) – Qualcomm (NASDAQ:) and GlobalFoundries signed an settlement on Monday to greater than double their present long-term manufacturing settlement for chips utilized in 5G transceivers, Wi-Fi, automotive and Web of Issues (IoT) connectivity.

The chips will probably be produced in GlobalFoundries’ chip factories in the USA, Germany, Singapore and its lately introduced facility in France.

Qualcomm was considered one of GlobalFoundries’ first clients to signal a long-term settlement in 2021 to cowl a number of geographies and applied sciences.



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