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GlobalFoundries investment this year is expected to more than $5.4 billion

By: Jessie Stone

GlobalFoundries plan will this year's capital expenditures doubled to $5.4 billion, the company will be in Malta building new factories, and to expand its business in Germany and Singapore.

GlobalFoundries will invest $4.6 billion for building a new factory in Malta. Most of the money will be spent over the year into, installation millions of dollars in chip manufacturing equipment. In addition the chip manufacturers are also in expanding the dresden and Singapore's production capacity.

GlobalFoundries spokesman trapattoni wes ???? brad (Travis Bullard) Monday confirmed that company 2011 capital expenditures budget for $5.4 billion. By last month reported last year, global semiconductor capital expenditure than 2009 166 million dollars doubled to 384 million dollars. This year, according to estimates by capital expenditure will with the oil-driven surge continues.

By vice President Klaus ???? rui ning, said Klaus Rinnen) (GlobalFoundries with rival TSMC and samsung electronics competition, promote capital expenditure is the main cause of rising. As more and more integration equipment company glass chip manufacturing or outsourcing production business, in order to reduce administrative costs, the increasingly fierce competition.

GlobalFoundries from AMD stripped off and chip manufacturing company, AMD in GlobalFoundries have 14% of the shares. The united Arab emirates investment company ATI occupy 86% of shares, and assume a most capital expenditure.

According to by say, samsung and TSMC are planning to invest more funds for capital construction, including samsung will invest $92 billion, TSMC will invest $5.7 billion.

Globalfoundries chief executive GuanDao Doug hayes grosse (Grose) Doug in red-carpet interview, this company will expand the scale of New York new factory in Germany, and the existing factories dresden increase assembly line. He also said the investment is to divide the company all commitment before 60 billion dollars investment outside of the additional investments.

Headquartered in sunnyvale, California Globalfoundries is the last year AMD stripping chip manufacturing factory, and with the government of ABU dhabi investment sectors ATIC joint venture of company. In gain a controlling interest, ATIC again after acquisition of Singapore charter semiconductor company, with the Globalfoundries merger to build a world's largest chip generation of industry and commerce.

Grouse in Taipei telephone interview, said: "we went into the chip foundry field, we are serious, we are competitors. Real generation industry and commerce only a few, we are one of."

ATIC also says, has a park in ABU dhabi chip plant site construction. Initially, the ATIC announced at the agreement with AMD has said it will eventually in the Middle East emirates built a factory. ATIC CEO Ibrahim ella, jia meters (Ibrahim Ajami), this project start time has not been decided yet.

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