On Semi buys GloFo East Fishkill fab
Date:2019-04-24 16:34:41 Posted by:eva.xu View:3602020
Under the terms of the agreement, GLoFo will manufacture 300mm wafers for ON until the end of 2022. First production of 300mm wafers for ON Semiconductor is expected to start in 2020.
The agreement also includes a technology transfer and development agreement and a technology license agreement.
This provides a world class, experienced 300mm manufacturing and development team to enable conversion of ON Semiconductor wafer processes from 200mm to 300mm.
Technology nodes
ON Semiconductor will also have immediate access to advanced CMOS capability including 45nm and 65nm technology nodes. These processes will form the basis for future technology development at ON Semiconductor.
“We are pleased to welcome the GLOBALFOUNDRIES Fab10 team to ON Semiconductor’s team. The acquisition of 300 mm East Fishkill fab is another major step in our progress towards leadership in power and analog semiconductors,” says Keith Jackson, CEO of ON, “the acquisition adds additional capacity over the next few years to support growth in our power and analog products, enables incremental manufacturing efficiencies, and accelerates progress towards our target financial model.”
“ON Semiconductor is an ideal partner for GLOBALFOUNDRIES and this agreement is a transformative step in our journey to build GLOBALFOUNDRIES into the world’s leading specialty foundry,” said Tom Caulfield, CEO at GloFo.
https://www.electronicsweekly.com/news/business/semi-buys-glofo-east-fishkill-fab-2019-04/
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