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STMicroelectronics and GlobalFoundries signed a MoU to create a new jointly-operated 300mm semiconductor manufacturing facility adjacent to ST's existing facility in Crolles, France. The facility is targeted to ramp at full capacity by 2026, producing up to 620,000 wafers per year, with significant financial support from the French government.
“STMicroelectronics and GlobalFoundries today announced they have signed a Memorandum of Understanding to create a new, jointly-operated 300mm semiconductor manufacturing facility adjacent to ST's existing 300mm facility in Crolles, France.”newsroom.st.com
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