Gecom CEO denies setting up factory in France

According to the Nikkei news, the global head of the foundry core (GlobalFoundries) CEO Caulfield (Tom Caulfield) said that by the end of this year will decide in Singapore, New York or Germany to choose a location to further increase production capacity. He said, "It's hard to consider setting up a factory elsewhere," and denied the news about the cooperation between GlobalFoundries and STMicroelectronics, as well as the news about setting up a factory in France.

According to public information, Ge-core has continued to invest in increasing production in recent years. It is reported that in June last year, Ge-core invested $4 billion in Singapore to expand its fab, and in September last year, Ge-core announced to invest $1 billion each in the United States and Germany to expand its production capacity.

According to Caulfield, the company will continue to expand in existing fabs, which is the fastest way to increase capacity; the company does not plan to set up fabs in new locations because it does not want to "start a team from scratch. Unlike TSMC and Samsung, Gecko is focused on producing chips no smaller than 12nm.