Globalfoundries invests chip factory in Dresdener

The chip manufacturer Globalfoundries invests strongly at the location in Dresden. That gave the enterprise, at that the US chip manufacturer Advanced Micro Devices (NYSE: AMD, WKN: 863186) involved is well-known, on today's Tuesday. Therefore Globalfoundries wants to extend the business activities in the 300mm-Segment. Two investments are located in the center. On the one hand the capacity at the location in Dresden on 80.000 wafer per month is to be raised. Approximately 1.3 billion euro is to flow for this to Dresden, so those� Saxonian newspaper. On the other hand also the work in New York is to be removed. The location is to create 60,000 wafer per month in the future. From the investments � hundreds new jobs are to result � at both locations, communicated the order manufacturer. One wants to react now on a long-term basis to the increased demand. In Dresden in addition approximately 10,000 square meters new pure area are to develop. In the course of the next two years, thus Globalfoundries, the wafer factory converted into Dresden the extents of about eight football fields to assume. However the development requires still another promise for public funds from Germany and the EU.Im � silicone Saxony � might one now draw a deep breath. The center of the semiconductor industry in Saxonia had gone through dark valleys in the past. Thus Qimonda announced the former Infineon memory chip business last year after months-long fight for survival finally insolvency. Now at least Globalfoundries professes itself to the location and lets money flow. Additionally to the investments in Dresden and New York Globalfoundries wants to extend like already announced also the location in Singapore. (hhv/rem)

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