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Chipmaker GlobalFoundries plans US$6bil expansion in Singapore, US, Germany

Chipmaker GlobalFoundries plans US$6bil expansion in Singapore, US, Germany.

GlobalFoundries is investing $4 billion in a new chip factory in Singapore, joining rivals like TSMC and Samsung in expanding production capacity. The US-based company plans additional investments in Germany and the United States, aiming to address ongoing semiconductor shortages affecting multiple industries.
Foxconn in talks to buy a stake in chipmaker DNeX

Foxconn in talks to buy a stake in chipmaker DNeX

Taiwanese tech giant Foxconn is exploring a minority stake investment in DNeX, the Malaysian firm that recently outbid Foxconn for semiconductor company SilTerra. Anonymous sources suggest negotiations are ongoing but not yet confirmed.
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