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GlobalFoundries and STMicroelectronics Considering a New Fab in France

TheLostSwede

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Recent news suggests that TSMC isn't too interested in setting up a fab in Europe, but it appears there are other interested parties that are now courting the EU, namely a potential joint venture between GlobalFoundries and STMicroelectronics. The two companies are hoping to get a slice of the same cake as Intel, namely the European Chips Act, to help subsidise the cost of the proposed fab. Although GlobalFoundries are headquartered in New York and STMicroelectronics in Geneva, the latter being a French-Italian conglomerate, the planned location for the new fab will be somewhere in France.

It's highly unlikely that this will be a cutting edge or even a leading edge fab, as neither company is in the business of producing products in those market segments. ST makes a wide range of chips from MCUs and other types of microprocessors, to specialised memory products, a wide range of sensors, MEMS based devices and all kinds of electronics for electrical vehicles, as well as highly specialised components for the space industry. GloFo obviously stepped off the competitive foundry ladder some years ago and have been focusing on specialised processes and nodes since then, such as FD-SOI, a technology, something the two companies announced a joint partnership around earlier this year. As such, it's likely that this potential fab will focus on making parts needed for the automotive industry in Europe, among other things. There's still a long way to go and neither company has made any kind of official statement about the potential partnership as yet.



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The cost of manpower in france is so high, I hope they can do it
The country is becoming a 3rd world country, the last 5 years is really bad but the worse is coming. Maybe this will help a little
 
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Hi,
Yeah how do they work that out and still retire at 40 to sip wine on the corners ?
 
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The cost of manpower in france is so high, I hope they can do it
The country is becoming a 3rd world country, the last 5 years is really bad but the worse is coming. Maybe this will help a little
3rd world country? Btw the economics are bad there because the president is an US tool and a traitor.
 
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3rd world country? Btw the economics are bad there because the president is an US tool and a traitor.
if france is becoming 3rd world country - then what are exactly east european states with 300e per month minimum wage, which most of ppl have ? considering macron being "US tool" just look how US diplomacy and media sabotaged any of his or european efforts to find peaceful solution before war started in ukraine ,EU knew their economy will take much harder hit then the US ... not to defend him or his policies , but there are tendencies coming from EU to distance itself from US and long history of US sabotaging that process- one just have to take a look at recent history of EU deal with iran
 
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3rd world country? Btw the economics are bad there because the president is an US tool and a traitor.
also that, he's here since 2012, he broke alstom, edf and health ; now he sells france piece by piece
 
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if france is becoming 3rd world country - then what are exactly east european states with 300e per month minimum wage, which most of ppl have ? considering macron being "US tool" just look how US diplomacy and media sabotaged any of his or european efforts to find peaceful solution before war started in ukraine ,EU knew their economy will take much harder hit then the US ... not to defend him or his policies , but there are tendencies coming from EU to distance itself from US and long history of US sabotaging that process- one just have to take a look at recent history of EU deal with iran

Only Macron believed Putin could be "reasoned" with. Most experts believe this couldn't be prevented in a peaceful manner.
 
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Only Macron believed Putin could be "reasoned" with. Most experts believe this couldn't be prevented in a peaceful manner.
Most experts as in the propaganda you are getting in the west. What we are doing here in France is a suicide. We are losing a vast market we had in Russia, Irak, Iran, just to please our US master.
 
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