GlobalFoundries capital spending this year will reach 5.4 billion U.S. dollars
SAN FRANCISCO, Jan. 12 morning news, computer chip makers GlobalFoundries capital spending this year will double to 54 billion U.S. dollars.
GlobalFoundries plans to invest 4.6 billion to build a new plant in Malta. Most investments will be completed this year. In addition, the company will expand at a factory in Dresden, Germany and Singapore in order to increase productivity.
data from market research firm Gartner shows that worldwide semiconductor industry capital spending last year to 384 billion dollars, 16.6 billion in 2009 more than doubled. The company expects that figure this year will be flat in 2010.
Gartner vice president Klaus Arimidex (Klaus Rinnen) said the foundry business to increase capital expenditures are subject to GlobalFoundries, TSMC and Samsung Electronics to promote competition between. As more and more integrated device manufacturers to reduce costs, outsourcing of chip production start peeling or business, the competition between the three companies will become increasingly fierce.
GlobalFoundries by the spin-off from AMD, which still holds 14% of the GlobalFoundries shares; the remaining shares held by the ATI.
this year, Samsung and TSMC are planning to invest more money than GlobalFoundries. Samsung is expected to invest 9.2 billion U.S. dollars of capital projects, TSMC was 57 billion U.S. dollars. (Yan Fei)
