# Globalfoundries to expand Dresden wafer fab with over €1B investment

Globalfoundries plans to expand its semiconductor wafer fab in Dresden, Germany, increasing production capacity to 1 million wafer starts per year, more than double current levels. The investment is reportedly over €1 billion, with state support under the IPCEI program.

- Type: Expansion
- Announced: 2021-02-01
- Where: Dresden, Germany, Germany
- Value: $1.20B (1.00B EUR)
- Status: announced
- Capacity: 1 million wafer starts per year
- Products: semiconductor wafers, chips for automotive, consumer electronics
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [GlobalFoundries](https://endata.com/companies/664.md)

## Sources

- [oiger.de](https://oiger.de/2021/02/01/globalfoundries-will-chipwerk-in-dresden-fuer-eine-milliarde-euro-ausbauen/177715), 2021-02-01: "Globalfoundries will sein Halbleiterwerk in Dresden stark ausbauen: Das Unternehmen plant, mit eigenen Mitteln sowie staatlicher Unterstützung im Rahmen des IPCEI-Programms die Produktionskapazität in Europas größer Chipfabrik bis auf eine Million Siliziumscheiben (Wafer) pro Jahr zu erhöhen."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.