ON Semiconductor acquires GF's East Fishkill fab for $430M

ON Semiconductor Corporation has acquired GLOBALFOUNDRIES' 300mm fab in East Fishkill, USA, for $430 million, with $100 million paid at signing and $330 million due by end of 2022, when full operational control transfers.

“The acquisition of the 300mm East Fishkill fab is another major step in our progress towards leadership in power and analog semiconductors.”atreg.com

• 1 source
• atreg.comATREG, Inc. | ON Semiconductor fab acquisition case studyPresident, CEOSep 3, 2019

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