Reorg focuses on financial performance
Rick Merritt, EETimes
5/14/2018 00:01 AM EDT
PALO ALTO, Calif. — The new CEO of GlobalFoundries has a charter to improve financial performance of the privately-held chip maker. Thus, Tom Caulfield is seeking partners for the company that is a distant second in a hotly competitive race to make chips.
Caulfield needs a hand building a next-generation fab, probably at 3nm, and expanding his ASIC services to attract new customers. Meanwhile, he started a reorganization geared to make the company more nimble and to hold his managers responsible for financial progress, he said in an interview with EE Times.
The new fab is probably best suited as an expansion of GF’s existing Fab 8 in Malta, New York, where it is preparing to ramp a 7nm node. Such a facility likely would need support from federal funds, but GF has other options leveraging its fabs in China, Germany and Singapore.