Second annual GTC highlights significant achievements for GLOBALFOUNDRIES

Global Technology Conference, SANTA CLARA, USA: At the second annual Global Technology Conference, GLOBALFOUNDRIES’ executive team updated more than 2,000 customers, partners and industry watchers on the company’s global business strategy and progress in delivering on its vision to reshape the foundry landscape.

Major highlights of the company’s recent achievements include:
* High volume production of the industry’s first High-k Metal Gate (HKMG) product, with GLOBALFOUNDRIES projected to lead competitors in HKMG shipments by 10x or more in 2011;
* Completion of the design enablement platform for the super low power 28nm technology for next-generation mobile devices;
* The extension of fab synchronization with Samsung Electronics from the super low power technology platform to a new high-performance 28nm technology platform for mobile applications;
* Significant progress in 300mm capacity expansion across three continents, including ready-for-equipment milestones ahead of schedule in its Fab 8 in Saratoga County, N.Y.;
* Launch of a high-volume MEMS manufacturing initiative with continued operational excellence in 200mm; and
* Design flows established with the leading EDA providers for the 20nm technology platform.

“Customers are delighted with GLOBALFOUNDRIES' progress to date. Being the first foundry to get its customers to market with 28/32nm chips is particularly impressive. Tape-outs are nice, but being first to cross the ‘products on retail shelves’ finish line is proof of GLOBALFOUNDRIES’ ability to innovate and be the technology leader,” said industry analyst Dan Hutcheson, CEO, VLSI Research. “GLOBALFOUNDRIES clearly has the most important components necessary to succeed in this industry -- technology, leadership, talent, customers, capacity, and tenacity – backed by a patient, well-resourced investor that is committed to its long-term success.”

GLOBALFOUNDRIES also noted that while the company continues to attract strong customer demand in leading-edge and mainstream categories, the global economic outlook remains uncertain. To meet this customer demand, manufacturing capacity will continue to expand briskly as fab tools are moved into Fab 8 in New York and Fab 1 in Germany. The company’s plans for the investment of $5.4 billion in 2011 remain unchanged, however, management said it has decided to reevaluate any new construction at all of its worldwide sites to ensure any expansions are fully aligned with customer needs.

“Our top priority is meeting customer commitments and operational excellence in the coming quarters, while ramping Fab 8 in New York and Fab 1 in Germany and further leveraging Singapore,” said GLOBALFOUNDRIES CEO Ajit Manocha. “We have come a long way, but we still have a ways to go. We have a solid plan to take GLOBALFOUNDRIES to the next level, and remain steadfast in our vision to reshape the foundry landscape and compete for market leadership.”

In addition to Manocha’s keynote and other executive presentations, the Global Technology Conference featured customer winners of its “Leading in Innovation” awards, a CEO panel discussion on industry trends in leading edge design enablement, and sessions featuring industry leaders and technologists from across the semiconductor ecosystem.

Following its Santa Clara debut, the Global Technology Conference will be hosted in other strategic locations through September, including Hsinchu, Taiwan and Shanghai, China.