Qualcomm and GlobalFoundries Sign Agreement to Double Chip Production

Qualcomm
Qualcomm-and-GlobalFoundries-Sign-Agreement-to-Double-Chip-Production

Qualcomm and GlobalFoundries have signed an agreement to more than double their existing long-term manufacturing agreement for chips used in 5G transceivers, Wi-Fi, automotive and Internet of Things (IoT) connectivity.

The chips will be made in GlobalFoundries’ factories in the US, Germany, Singapore, and France under a multibillion dollar revenue agreement. By increasing capacity at GlobalFoundries, the companies promised to support US-based manufacturing.

One of GlobalFoundries’ initial clients, US chipmaker Qualcomm, signed a long-term contract in 2021 that covered several regions and technologies.

Read More: Qualcomm and GlobalFoundries Sign Agreement to Double Chip Production

Check Out The New Enterprisetalk Podcast. For more such updates follow us on Google News Enterprisetalk News.

Previous articleVista Equity Partners OT Acquire Tax Software Developer Avalara for USD 8.4 Billion
Next articleIR Welcomes Rodney Foreman as Senior Vice President, Americas