The promise of a hydrogen economy and a clean energy future is taking a step forward with an innovative project that will take shape at GlobalFoundries (GF), thanks to a partnership with Vermont Gas Systems, Inc. (VGS) and the University of Vermont. The initiative was announced today by the partnership members.
Hello and welcome to our new trainee blog. A good four months have now passed since the start of training in September, so this is a good time for a little review.
As expected, the first few weeks were full of new impressions. Just like the other eleven future microtechnologists, I met a lot of nice people, saw the inside of a clean room for the first time (impressive!) and soaked up a whole lot of knowledge. We have understood at least the basics of how a chip is manufactured and how it works – at least I think so. Hopefully in two and a half years we will all be ready to graduate and give our colleagues in the factory a helping hand.
From now on we will report regularly about the experiences during the training. See you soon!
Your Alex
GlobalFoundries® (GF®) has never had a year quite like 2021. From major manufacturing expansion announcements, to collaborating with world-leading partners to redefine innovation for automobiles and smartphones, to making our stock market debut, this was a year to remember.
As we prepare to say goodbye to 2021, we have collected the top GF stories of the year.
Building upon our longstanding commitment to environmentally responsible manufacturing and operations, this year GF announced the Journey to Zero Carbon initiative. The goal of Journey to Zero Carbon is to reduce GF’s total greenhouse gas emissions by 25% by 2030, as the company expands its global manufacturing capacity. As our CEO Tom Caulfield said:
” … Journey to Zero Carbon is the natural next step for us to take. It’s the right thing do to – for our business, for our global team, and for our planet.”
Along with doubling down on sustainability in our own operations, the semiconductor solutions we manufacture are enabling our partners and customers to achieve their own sustainability and efficiency goals. Our blog post, GF Technologies Enable a More Sustainable, More Efficient World, brings this story to life.
GF has one of the most diverse workforces of any semiconductor manufacturer, and we know this is a competitive advantage for our company. One of the ways we foster a culture of diversity and inclusion is by creating an environment of trust, and providing a structure that honors what makes us different so we can most effectively collaborate on our shared goals.
Employee Resource Groups, or ERGs, are a critical part of the structure we have in place to empower our team and celebrate the diversity of our workforce. These voluntary, employee-led groups create a space for individuals of a similar interest, culture, or experience to support and connect professionally and personally.
This year GF employees launched three new ERGS: Asian Society for Inclusion and Awareness; Pride at GF; and Unidos. Together with Black Resource Affinity Group (BRAG), GlobalWomen, GlobalFamilies, and other groups, these ERGs connect the GF community, strengthen our team, and help position our company for continued success.
If you missed our blog post on GF’s ERGs, click here to hear from ERG members about their experiences. Be sure to also check out our blog posts on GF’s celebrations of Women’s History Month and Black History Month.
Coinciding with GF’s new corporate brand (spoiler alert for no. 5 on this list!) was a new name for our longstanding GTC industry event. The 2021 GF Technology Summit encompassed four global events, and our 750+ attendees from countries around the world joined presentations, keynotes, and panel discussions featuring our incredible partners and customers, GF leaders, and other guests. Click here to view the replays of many of these sessions.
At the event, we announced a portfolio of new features that extend our solutions roadmap and accelerate the next wave of innovation in chip design for smart mobile devices, datacenter, IoT and automotive.
Check out the buzz from the event on Twitter, and don’t miss the series of blog posts that dive deeper into our announcements:
GF believes that semiconductor manufacturing innovation is about making chips smarter, not just smaller. We work closely with our customers and partners to develop and manufacture the feature-rich chips that are pervasive throughout people’s lives, and which provide performance vital to many growing markets.
In the words of our CEO Tom Caulfield, we “make the chips in many of your favorite electronics more connected and secure, more intelligent and intuitive, more powerful and power efficient.”
This innovation was on full display in 2021, as we made announcements about how GF chips are helping our customers push the envelope of technology:
For a peak into how innovation happens at GF, don’t miss our blog posts featuring a Q&A with GF Master Inventors Yan Ping Shen and Shesh Mani Pandey, as well as blog posts about the research and develop happening in partnership with world-leading academics as part of GF’s University Partnership Program:
Nearly every wireless call, text, email, photo or video, either taken or watched on smartphones in the last few years, was made possible through chips manufactured around the globe at GF. This is no accident: for years, we have been helping smartphone manufacturers overcome the toughest challenges necessary to meet the growing expectations of consumers.
This year was no exception. In September we announced an agreement with Qualcomm to deliver advanced 5G RF front-end products. As GF’s Dr. Bami Bastani put it: “Our strong collaboration with Qualcomm Technologies includes sub-6 GHz to unlock everyday access to 5G, and cutting-edge mmWave technology to take 5G to the next level” by delivering unmatched data speeds while continuing to provide the longest possible battery life for smartphones and many other 5G-connected devices. Read top tech analyst Pat Moorhead’s recap of the announcement here.
And at the 2021 GF Technology Summit, we announced the addition of exciting new features for our RF SOI solutions, which enable our customers to provide stronger and more reliable 5G connections.
In July, GF introduced its new brand to the world. The new brand is the culmination of GF’s decade-plus journey, and embodies GF’s role as one of the world’s leading semiconductor manufacturers.
Retaining GF’s signature orange color and augmenting it with a bold new logo and visual imagery, the new brand identity is reflective of GF’s vital role in the global economy and our commitment to redefining innovation and semiconductor manufacturing.
Be sure to check our blog post A New GF Brand for a New Era of More, and the Wall Street Journal article, Chip Maker GlobalFoundries Revamps Brand Amid Global Chip Shortage, for the story and development of the new GF brand.
Semiconductor supply chain constraints, often referred to as the “chip shortage,” made headlines across the world throughout 2021. GF CEO Tom Caulfield played an outsized role in this global discussion.
In his frequent interviews on CNN, Bloomberg, CNBC, and other news outlets, he helped create awareness and foster understanding of the chip shortage, the intense spotlight it put on our industry, and on just how critical semiconductors are to the $91T world economy.
Tom also shared the many ways in which GF was taking action (see no. 3 below) to meet the moment and grow our global capacity to manufacture more of the feature-rich chips that have become the drivers of technological and economic growth.
Throughout the year, Tom participated in a trio of White House summits, speaking with U.S. President Joe Biden, Secretary of Commerce Gina Raimondo and other Administration officials, and urging them to take bold action and help pave the way toward U.S federal investment in chip manufacturing to create jobs, shore up the supply chain, and increase the capacity of U.S.-made semiconductors.
In 2021, amidst unprecedented global demand for feature-rich semiconductors, GF announced it was expanding manufacturing capacity at its sites globally.
GF broke ground in June on the construction of a new fab at our Singapore campus. In partnership with the Singapore Economic Development Board and with co-investments from committed customers, GF announced an investment of more than $4 billion to add capacity for 450,000 wafers per year, bringing GF’s Singapore campus up to approximately 1.5 million wafers per year.
In July we hosted the first GF Executive Summit at Fab 8 in Malta, New York, which convened leaders from government and industry to advance the national discussion around solving U.S. semiconductor supply chain challenges. CEO Tom Caulfield was joined by U.S. Senate Majority Leader Chuck Schumer, U.S. Secretary of Commerce Gina M. Raimondo, former Pentagon officials, and executives from leading companies throughout the semiconductor supply chain.
At the summit, GF announced $1 billion in immediate investments to address the global chip shortage and add capacity to manufacture an additional 150,000 wafers per year at Fab 8. Sharing the stage with Sen. Schumer and Sec. Raimondo, CEO Tom Caulfield also announced plans were underway for GF to construct of a new fab on the Malta, N.Y., campus that will double the site’s capacity, using the same bold public-private partnership in close collaboration customers that fueled the expansion in Singapore.
GF also announced a $1 billion planned investment in Germany to grow the capacity of our Dresden facility, where in July our CEO hosted German Economics Minister Peter Altmaier.
There is so much excitement at GF around these expansions. As Tom put it: “Our industry is expected to grow more in the next decade than it did in the past 50 years and GF is stepping up to do its part as we work together to address the growing demand for technology innovation for the betterment of humanity.”
GF is becoming the semiconductor foundry of choice for the world’s top vehicle-makers and their suppliers, in part because of the innovation we are bringing to the emerging auto trends of autonomous driving, connectivity, and electrification. Read more about this in our blog post: For Auto Industry, Innovation is GlobalFoundries’ Ace in the Hole.
As shown in no. 3 above, GF is pioneering a new economic model for our industry, based on long-term partnerships that help to ensure predictability, repeatability, and sustainability for both GF and our customers. Amidst the global chip shortage, these partnerships and alignment has never been more vital.
Throughout 2021, partnerships with automotive manufacturers and suppliers were prominent:
There is an open road of opportunity for further semiconductor innovation in automotive. As SVP Mike Hogan said, GF is laser-focused on creating new technologies for the car of tomorrow and “committed to building stronger relationships with the automotive industry to deliver innovation and address the growing demand for feature-rich chips.”
An extraordinary milestone in GF’s history took place on October 28, when shares of GFS started trading on the Nasdaq stock exchange. In fact, GF was one of Nasdaq’s largest IPOs of the year and the largest semiconductor IPO ever.
Being a public company positions GF to further innovate and partner with customers to deliver semiconductors for humanity.
From ringing the opening bell at Nasdaq, to celebrations at our Fabs and sites around the world, to GF team members having their photos displayed in Times Square, to our CEO Tom Caulfield appearing on CNN and many other news outlets to discuss GF and our IPO, to incredible engagement from our employees, investors, customers, and partners – it was day none of us are likely to forget.
Thank you for reading our list Top 10 Stories from 2021! Wishing you happy holidays, a fantastic new year, and we’ll see you back on the Foundry Files in 2022!
Malta, New York December 23, 2021– GlobalFoundries Inc. (Nasdaq: GFS) (GF), a global leader in feature-rich semiconductor manufacturing, today announced that it hasagreed to amend its Wafer Supply Agreement (WSA) with AMD to increase the volume of chips GF will supply as well as extend the terms of the agreement to secure supply through 2025. The agreement also expands the breadth of the partnership, including supply assurance for AMD chips serving the datacenter, personal computing, embedded and other growth markets.
GF has been manufacturing high-performance chips for AMD for more than 12 years, and this new agreement extends this long-standing partnership to ensure supply for AMD’s growing business. With this agreement, AMD now expects to purchase approximately $2.1 billion of wafers from GF between 2022 and 2025.
“We have been working closely with our customers for more than a year to help address the ongoing supply-demand imbalance in our industry,” said Tom Caulfield, GF CEO. “Our amended agreement with AMD is a prime example of our customers’ desire and willingness to secure long-term supply. This agreement not only increases the volume of chips we will be producing for AMD, it also secures and extends their supply through 2025.”
The global demand for semiconductors is growing at an unprecedented rate, and GF is responding to this growththrough a series of strategic long-term agreements with existing and new customers and simultaneously expanding global capacity to meet customer demand.
About GF
GlobalFoundries® (GF®) is one of the world’s leading semiconductor manufacturers. GF is redefining innovation and semiconductor manufacturing by developing and delivering feature-rich process technology solutions that provide leadership performance in pervasive high growth markets. GF offers a unique mix of design, development and fabrication services. With a talented and diverse workforce and an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its worldwide customers. For more information, visit www.gf.com.
Forward-Looking Statements
This news release may contain forward-looking statements, which involve risks and uncertainties. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. GF undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law.
Contacts:
Erica McGill
GlobalFoundries
518-795-5240
erica.mcgill@gf.com
2021年对格芯来说是前所未有的一年。从重大的产能扩张公告，到与全球领先的合作伙伴合作，重新定义汽车和智能手机领域的创新，再到我们的IPO，这一年是值得纪念的一年。
值此挥别2021年之际，我们汇总了格芯年度最佳报导。
基于我们在生产运营过程中的环境责任方面的长期承诺，今年格芯宣布了“零碳之路”计划。“零碳之路”的目标是：在格芯扩充全球产能的同时，到2030年实现公司温室气体总排放减少25%。正如格芯首席执行官Tom Caulfield所说：
“……‘零碳之路’是我们即将采取的下一个举措。对于我们的企业、我们的团队及至我们生活的地球而言，这都是正确的做法。”
除了加倍提高我们自身运营的可持续性，我们制造的半导体解决方案还能够帮助我们的合作伙伴和客户实现其可持续性和效率目标。我们的博客文章《格芯技术助力打造高效可持续发展的世界》对此进行了详细说明
格芯拥有半导体制造商中颇具多元化的员工队伍，而且我们也清楚这是公司的一大竞争优势。我们培养多元化和包容性文化，其中一种方法就是：营造信任的环境，并提供尊重差异的结构，这样我们就能够以最有效的方式携手实现我们的共同目标。
员工资源小组(ERG)是我们现有结构的关键组成部分，旨在为我们的团队提供支持，并庆祝我们员工的多元化。这些小组秉持自愿原则并以员工为主导，为拥有类似兴趣、文化或经历的个人创造了一个空间，让他们能够在专业上和私下相互支持和联系。
今年，格芯组建了三个新的ERG：亚洲包容与意识协会(ASIA)；Pride at GF和Unidos。这些ERG与黑人亲和力团体(BRAG)、GlobalWomen、GlobalFamilies以及其他小组一起组成格芯社区，增强我们的团队，并帮助我们的公司不断取得成功。
如果您错过了我们关于格芯ERG的博客文章，请单击这里聆听ERG成员的经验之谈。另请查看有关格芯庆祝妇女历史月和黑人历史月的博客文章。
与格芯的新企业品牌（剧透警告：此列表中第5个！）相呼应的是我们GTC行业活动的新名称。2021年格芯技术峰会（GTS）共有四场全球活动，来自世界各地的750多名与会者参加了演讲、主题演讲和小组讨论，与会者包括我们出色的合作伙伴和客户、格芯领导者和其他嘉宾。点击此处可以观看许多会议的重播。
在峰会上，我们宣布推出了一系列新功能，这些功能扩展了我们的解决方案路线图，并加快推动了智能移动设备、数据中心、物联网和汽车芯片设计的下一波创新浪潮。
请关注Twitter上的活动消息，不要错过有助于您深入了解我们公告的一系列博客文章：
格芯认为，半导体制造的创新是让芯片更智能，而不仅仅是尺寸更小。我们与客户和合作伙伴密切合作，开发和生产功能丰富的芯片，这些芯片在人们的生活中无处不在，并为许多不断发展的市场提供至关重要的性能。
用我们公司首席执行官Tom Caulfield的话来说：我们“让大家最喜爱的电子产品中的芯片更互联、更安全、更智能、更直观、更强大也更节能。”
这项创新在2021年得到了充分展示，在这一年，我们宣布了格芯芯片如何帮助客户推动技术发展：
要想深入了解格芯如何进行创新，请关注以与格芯发明大师Yan Ping Shen和Shesh Mani Pandey的问答为主的博客文章，以及通过格芯大学合作伙伴项目与重要学术机构合作进行的研发相关博客文章。
在过去几年里，几乎所有的无线通话、短信、电子邮件，以及在智能手机上拍摄或观看的照片或视频，都是通过格芯全球工厂制造的芯片来实现的。这并非偶然：多年来，我们一直在帮助智能手机制造商克服种种严峻的挑战，以满足消费者不断提高的期望。
今年也不例外。今年9月，我们与高通签署了协议，提供先进的5G射频前端产品。正如格芯(GF)的Bami Bastani博士所说：“我们与高通在6 Ghz以下技术和先进的毫米波技术方面展开密切合作，前者能够实现5G的日常使用，后者通过提供超快的数据速度，同时继续为智能手机和许多其他5G互联设备提供尽可能长的电池续航时间，将5G性能提升到新的高度。”点击此处阅读顶级技术分析师Pat Moorhead的公告回顾。
在2021年格芯技术峰会上，我们宣布了为RF SOI解决方案增加一些令人兴奋的新功能，使我们的客户能够提供更强大、更可靠的5G连接。
今年7月，格芯推出了自己的全新品牌。这个新品牌是格芯十几年发展之旅的巅峰，也是格芯作为世界领先半导体制造商的化身。
新品牌标识保留了格芯标志性的橙色，并增加了大胆的新徽标和视觉形象，反映了格芯在全球经济中的重要作用，以及我们致力于重新定义创新和半导体制造的承诺。
请务必查看我们的博客文章《新的格芯品牌，开创更加广阔的新纪元》，以及华尔街日报文章《芯片制造商格芯在全球芯片短缺的情况下重塑品牌》，以了解格芯新品牌的故事和发展。
2021年，半导体供应链限制（通常称为“芯片短缺”）成为全球各地的头条新闻。格芯首席执行官Tom Caulfield在此次全球讨论中发挥了重要作用。
他频繁接受CNN、彭博社、CNBC和其他新闻媒体的采访，帮助人们建立了对芯片短缺的认识和理解，使我们的行业备受关注，并使人们认识到半导体对价值91万亿美元的世界经济有多么重要。
Tom还分享了格芯采取的许多方法（参见下文第3条），以满足时代发展需要，并提高我们的全球产能，从而生产出更多功能丰富的芯片，推动技术和经济发展。
今年，Tom参加了三次白宫峰会，有幸与美国总统Joe Biden、商务部长Gina Raimondo以及其他政府官员对话，说服他们采取大胆行动，为美国联邦政府投资芯片制造业铺平道路，从而助力创造就业机会、支撑供应链，并提高美国半导体制造产能。
2021年，全球对功能丰富的半导体芯片的需求空前高涨，在此环境下，格芯宣布将扩大其全球工厂的产能。
今年6月，格芯开始在新加坡园区建造新晶圆厂。格芯宣布与新加坡经济发展局携手合作，同时在忠实客户的共同投资下，将投资40多亿美元，以实现每年增加450,000个晶圆的产能，使新加坡园区的产能提升至大约每年150万片晶圆。
今年7月，我们在纽约州马耳他的Fab 8举行了首届格芯高层峰会，邀请了来自政府和行业的领导者参会，围绕解决美国半导体供应链挑战的话题推进了全国性讨论。首席执行官Tom Caulfield与美国参议院多数党领袖Chuck Schumer、美国商务部长Gina M. Raimondo、前五角大楼官员以及来自整个半导体供应链的各大公司高管一起参加了会议。
在峰会上，格芯宣布将立即投资10亿美元，以应对全球芯片短缺问题并增加产能，每年在Fab 8制造150,000个晶圆。在与参议员Schumer和商务部长Raimondo进行讨论时，首席执行官Tom Caulfield还宣布格芯计划在纽约州马耳他园区新建一个晶圆厂，这将使该园区的产能翻番，同时与新加坡晶圆厂扩建一样，采用大胆的公私合作伙伴关系与客户保持密切合作。
格芯还宣布计划在德国投资10亿美元，扩大德累斯顿工厂的产能。今年7月，我们的首席执行官在德累斯顿工厂接待了德国经济部长Peter Altmaier。
关于这些扩张，格芯还有很多令人兴奋的消息。正如Tom所说：“我们行业未来10年的增长预计要超越过去50年，在共同努力满足人类对技术创新日益增长的需求方面，格芯将发挥更大的作用。”
格芯正在成为世界领先汽车制造商及其供应商的首选半导体晶圆厂，部分原因是我们为自动驾驶、连通性和电气化等汽车行业的新兴趋势带来了创新。如需了解更多相关内容，请阅读以下博客文章：对汽车行业而言，创新是格芯(GF)的王牌。
如上文第3条所示，格芯正在为行业开创一种新的经济模式，这种模式依托长期合作，有助于确保格芯和我们客户的可预测性、可重复性和可持续性。在全球芯片短缺的背景下，这些合作和契合变得极为重要。
2021年，与汽车制造商及供应商的合作发挥了重要作用：
在汽车领域，我们有非常多的机会进一步进行半导体创新。正如高级副总裁Mike Hogan所说，格芯专注于创造面向未来汽车的新技术，并“致力于与汽车行业建立更牢固的关系，向汽车行业提供创新，并满足该行业对功能丰富的芯片日益增长的需求。”
10月28日，GFS的股票开始在纳斯达克股票交易所上市交易，这在格芯历史上是一个非同寻常的里程碑。事实上，格芯是今年纳斯达克股票市场上最大IPO之一，也是有史以来最大的半导体IPO。
作为一家上市公司，格芯将进一步创新，并与客户合作，为人类提供半导体产品。
从纳斯达克股票市场的开市钟声响起，到全球晶圆厂和工厂举行庆祝，到格芯团队成员在时代广场展示其照片，到我们的首席执行官Tom Caulfield出现在CNN及许多其他新闻媒体上讨论格芯及其IPO，再到我们的员工、投资者、客户以及合作伙伴都表现出令人难以置信的投入，这一天是我们大家都不会忘记的一天。
感谢大家阅读我们列出的“2021年十佳报导”！祝大家节日愉快，我们将在2022年晶圆厂文件中再见！
Dresden, December 16, 2021. GlobalFoundries® (GF®) is modernizing its energy supply. The goal is to reduce costs and environmental impact while improving operational resiliency at its Fab 1 in Dresden, at the heart of Europe’s leading microelectronics cluster. The multi-year project is an important contribution to the company’s global efforts towards sustainability and efficiency. Upon completion of the project, the Energy Supply Center (EVC) will require 30 percent less natural gas than current operations. This should reduce greenhouse gas emissions by around 25 percent. In the course of a year, the EVC should then achieve an average overall efficiency of over 90 percent – that is up to 15 percent more than the most modern grid power plants achieve today.
In this project, GF is working together with the largest East German energy supplier, SachsenEnergie AG (SE), based in Dresden. As a regional leader in the energy industry, SE contributes its know-how in the field of energy supply technology in the form of planning, conversion and operational management of the EVC. The planning and approval processes have begun, and the project is scheduled for completion in 2027.
Most modern energy supply center in Europe
The modernization of the existing energy supply system is carried out parallel to ongoing production operations. After completion, the EVC will be one of the most modern of its kind in Europe. Together with SachsenEnergie, GF opted for a combined heat, power and cooling plant using natural gas as the primary energy source. In addition, the new EVC makes it possible to use alternative energy sources such as hydrogen. By the end of 2027, the GF Dresden site should be completely energy self-sufficient and independent of the public power grid.
A Contribution to the Journey to Zero Carbon Initiative
“In the course of the capacity expansion of Fab 1, the modernization of our energy supply is one of the most important projects for GF Dresden,” says Dr. Manfred Horstmann, Vice President and General Manager of GlobalFoundries Dresden. “This project makes a significant contribution to our company-wide Journey to Zero Carbon initiative, which aims to reduce total greenhouse gas emissions by 25 percent between 2020 and 2030.”
dr Frank Brinkmann, CEO of SachsenEnergie, thanks for the trust in a strong partnership: “We are very pleased to intensify the trusting, long-term cooperation with GlobalFoundries and with the new energy supply center to be built for GlobalFoundries, the security of supply at the highest technical standard with high-quality electricity for to provide the semiconductor industry. SachsenEnergie sees itself as a designer of an intelligent energy transition and as a partner to the industry. With the modernization and further expansion, together we are making the semiconductor location Dresden future-proof, greener and strengthening the attractiveness of the business location in the heart of Saxony.”
In addition, SachsenEnergie is driving the energy turnaround in Dresden and East Saxony by building new and modernizing its own power plants and increasing the construction of renewable energy systems such as solar thermal and wind power plants.
World market leader for function-rich semiconductors
GlobalFoundries Dresden, one of the company’s five production sites worldwide and the engine of the German microelectronics cluster, employs more than 3,200 people. GF is a global leader in the manufacture of feature-rich semiconductors. The chips are manufactured on semiconductor wafers in highly complex processes in a particle-free clean room.
Technical highlights:
In order to achieve 100 percent failsafety, the systems have a modular and redundant structure. In addition, the recooling system for the new power supply will be converted to a closed system. This reduces the amount of water needed and allows for a significant reduction in effluent from the EVC.
Energy requirements of the GF Fab in Dresden (uninterrupted 365 days a year):
1 terawatt hour; from that
Effects after modernization:
Unique at GF Dresden:
Other special features:
Information on GF and climate protection:
a) Information on the reduction of total greenhouse gas emissions:
b) Sustainability at GlobalFoundries:
Environmental sustainability is imperative | GLOBALFOUNDRIES (gf.com)
Contact:
| Jens Drews Director Communications GlobalFoundries Dresden Email: jens.drews@gf.com Phone: +49 351 277-1010 Mobile: +49 172 3552369 | Nora Weinhold Press and Media Spokeswoman SachsenEnergie Email: Nora.Weinhold@SachsenEnergie.de Tel.: +49 351 468-3671 Mobile: +49 174 1502935 |
Munich, 8. November 2021. The BMW Group is exploring new ways of working with suppliers and, in the case of strategically important components, becoming more closely involved in the supplier network. To secure semiconductor supplies for the long term, the company has signed a direct supply assurance agreement with high-tech microchip developer INOVA Semiconductors and semiconductor manufacturer GlobalFoundries® (GF®). The agreement guarantees the BMW Group the supply of several million microchips per year. The microchips will be used in the ISELED smart LED technology co-developed by the BMW Group, which will be deployed for the first time in the BMW iX and rolled out in further models. Customer deliveries of the BMW iX got underway in early November.
“We are deepening our partnership with suppliers at key points in the supplier network and synchronising our capacity planning directly with semiconductor manufacturers and developers. This improves planning reliability and transparency around the volumes needed for everyone involved and secures our needs for the long term,” said Dr Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. “This pioneering agreement marks the next logical step in securing our supplies in an even more proactive manner going forward.”
This agreement is a model of how to build more secure, and resilient supply-chain partnerships and accelerate technology development supporting the next generation of automotive innovation.
“With this agreement directly with an OEM, we are certainly entering new territory as a semiconductor company” says Robert Kraus, CEO of INOVA Semiconductors. “We are convinced that this innovative approach of a partnership across the production chain will be target-oriented: in this way, we secure the requirements of our end customer and have a high degree of planning security with the long production cycles of the chips. That is a real win-win situation.”
“GF is committed to building stronger relationships with the automotive industry to deliver innovation and address the growing demand for feature-rich chips,” said Mike Hogan, senior vice president and general manager of Automotive, Industrial and Multi-market at GF. “This supply assurance agreement with BMW and Inova Semiconductor demonstrates how we are partnering to develop innovative smart LED technology for the new BMW iX and to create new technologies for the car of tomorrow.”
Several thousand semiconductors per car
Depending on the equipment options, every car contains several thousand of the wafer-thin semiconductors that are essential for all electronic devices. They serve various functions by performing arithmetic and control tasks in computers, storing data or even handling multiple tasks at the same time. The share of electronic components in vehicles is likely to increase further in the future.
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The BMW Group
With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world’s leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. The BMW Group production network comprises 31 production and assembly facilities in 15 countries; the company has a global sales network in more than 140 countries.
In 2020, the BMW Group sold over 2.3 million passenger vehicles and more than 169,000 motorcycles worldwide. The profit before tax in the financial year 2020 was € 5.222 billion on revenues amounting to € 98.990 billion. As of 31 December 2020, the BMW Group had a workforce of 120,726 employees.
The success of the BMW Group has always been based on long-term thinking and responsible action. The company set its course for the future early on and is making sustainability and resource efficiency the focus of the company’s strategic direction – from the supply chain, through production, to the end of the use phase, for all its products.
宝马集团正在探索与供应商合作的新方式，在具有战略意义的零部件方面更紧密地参与到供应商网络中。为确保长期的半导体供应，宝马与高科技微芯片开发商INOVA和半导体制造商格芯签署了一份直接供应确保协议。该协议保证每年向宝马供应数百万枚芯片。这些芯片将用于宝马集团共同开发的ISELED智能LED技术，该技术将首次应用于宝马iX系列，并在其他车型中推广。宝马iX的客户交付工作已于11月初开展。
“我们正在供应商网络的关键节点深化与供应商的合作关系，并直接与半导体制造商和开发商同步我们的产能规划。这提高了规划的可靠性和每个参与者所需数量的透明度，并确保我们的长期需求。” 负责采购和供应商网络的宝马公司管理委员会成员Andreas Wendt博士说，“这项开创性的协议标志着我们在确保供应方面更加积极主动地迈出了合理的一步。”
该协议是如何建立更安全、更有韧性的供应链伙伴关系和加速支持下一代汽车创新技术开发的典范。
INOVA首席执行官Robert Kraus说：“作为一家半导体公司，这项直接与OEM签订的协议肯定会使我们进入新的领域。我们相信，这种在整个生产链中建立伙伴关系的创新方法将以目标为导向：通过这种方式，我们确保了最终客户的要求，并在芯片的长生产周期中拥有高度的规划保障。这是一个真正的双赢局面。”
格芯高级副总裁兼汽车、工业和多市场战略业务部总经理Mike Hogan说：”格芯致力于与汽车行业建立更牢固的关系，以提供创新并满足对功能丰富的芯片日益增长的需求。与宝马和INOVA签订的这份供应保证协议表明了我们是如何合作为新宝马 iX开发创新的智能LED技术，并为未来的汽车创造新技术的。”
每辆汽车上有几千个半导体产品
根据设备选项的不同，每辆汽车都包含几千种晶圆般薄的半导体，这些半导体对所有电子设备来说都是必不可少的。它们通过在计算机中执行算术和控制任务、存储数据，甚至同时处理多项任务，发挥着各种功能。未来，电子元件在汽车中的份额可能会进一步增加。Depending on the equipment options, every car contains several thousand of the wafer-thin semiconductors that are essential for all electronic devices. They serve various functions by performing arithmetic and control tasks in computers, storing data or even handling multiple tasks at the same time. The share of electronic components in vehicles is likely to increase further in the future.
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宝马集团
宝马集团是全世界最成功高端汽车和摩托车制造商之一，旗下拥有BMW、MINI、Rolls-Royce和BMW Motorrad四个品牌，同时还提供高端汽车金融和出行服务。作为一家全球性公司，宝马集团在15个国家拥有31家生产和组装工厂，销售网络遍布140多个国家和地区。
2020年，宝马集团在全球共售出超过230万辆乘用车和超过16.9万辆摩托车。2020年，集团总收入达到989.9亿欧元，税前利润达到52.22亿欧元。截至2020年12月31日，宝马集团在全球共有120,726名员工。
宝马集团的成功源于其前瞻未来的远见和具有高度责任感的行动。宝马集团在整个价值链中贯彻生态和社会的可持续性发展策略，全面的产品责任以及明确的节能承诺已成为宝马集团企业战略的重要内容。
调整后毛利率与调整后EBITDA利润率创纪录
纽约州马耳他，2021年11月30日——格芯®（GLOBALFOUNDRIES®，GF）（纳斯达克股票代码：GFS）今日公布第三季度（截至2021年9月30日）财务业绩。
第三季度财务亮点
格芯首席执行官Tom Caulfield表示：“第三季度标志着我们正加速实施策略，在无处不在的半导体市场中保持领先地位，表明我们在实现目标财务模式方面取得持续进展。由于差异化解决方案在整体业务中占比提升，我们的收入增长主要来自更高的晶圆出货量和持续的产品组合提升。我们预计第四季度收入和利润将继续增长。此外，公司上市也令我们倍感振奋。我们10月的IPO是15,000多名员工十多年辛勤付出的成果，正是他们的不懈努力，造就了我们这样一家具备技术差异性的全球半导体制造商。”
近期业务亮点：
2021年第四季度展望摘要：
上述指引包含1934年《证券交易法》定义的前瞻性陈述，并受该法案所设安全港的限制。该指引包括我们管理层的观点和假设，并且基于目前可用信息。格芯尚未提供第四财季非国际财务报告准则（IFRS）毛利率、非IFRS营业利润率、非IFRS每股收益或非IFRS调整后EBITDA利润率的对账表。未经合理努力，无法提供所有对账项目的估计值。此类前瞻性非IFRS指标与可比前瞻性IFRS指标之间的前瞻性估计值很难通过合理方式提供。对格芯估计此类项目的能力具有重大影响的某些因素不受格芯控制和/或无法合理预测。
调整后财务指标
除了按照IFRS提交财务信息，本新闻稿还使用以下非IFRS指标：调整后毛利、调整后EBITDA、调整后营业利润、调整后净收入（损失）和调整后每股收益。我们将调整后毛利（亏损）定义为针对股票薪酬调整后的毛利（亏损）。我们将调整后EBITDA定义为净收入（亏损），排除针对股票薪酬调整后的利息支出、税费、折旧、摊销、交易收益和相关费用、重组费用以及诉讼和解的影响。我们将调整后营业利润（亏损）定义为针对股票薪酬调整后的营业利润（亏损）。我们将调整后净收入（亏损）定义为针对股票薪酬调整后的净收入（亏损）。我们将调整后每股收益定义为调整后净收入（亏损）除以已发行普通股的加权平均股数。
我们认为，除了根据IFRS确定的结果，这些非IFRS指标也可有效评估我们的业务以及影响业绩的基本趋势。这些非IFRS财务指标可以补充我们的经营业绩信息，其中不包括相对较少发生和/或我们认为无关核心业务的某些收益、损失和非现金费用。我们的管理层和董事会在评估当前业绩和规划未来业务活动时，都会使用这些非IFRS指标以及IFRS可比信息。
我们认为，结合使用这些非IFRS指标以及我们的IFRS财务信息，有助投资者和我们的财务报表用户对比其他时期和业内其他公司的业绩，从而更好地评估我们的财务业绩。但是，非IFRS财务信息仅作补充信息之用，不应单独参考或替代根据IFRS提交的财务信息。我们对非IFRS指标的表述不应理解为推断我们的未来业绩不受异常或非经常性项目的影响。业内其他公司可能以不同方式计算这些指标，因此这些指标作为比较指标的实用性可能受到限制。
电话会议和网络会议信息
格芯将于美国东部标准时间（EST）2021年11月30日（星期二）下午4:30召开金融界电话会议，详细回顾2021年第三季度业绩。如有兴趣，各方可拨打以下号码，参加预定的电话会议：
此次电话会议将进行网络直播，访问格芯投资者关系网站https://investors.gf.com即可观看。电话会议结束之后，格芯投资者关系网站将在24小时内提供重播。
关于格芯
格芯® (GF®)全球领先的半导体制造商之一。格芯通过开发和提供功能丰富的制程技术解决方案，重新定义创新和半导体制造，这些解决方案在无处不在的高增长市场中提供领先性能。格芯提供独特的融合设计、开发和生产为一体的服务。格芯拥有一支才华横溢、多元化的员工队伍，规模生产足迹跨域美国、欧洲和亚洲，是全球客户信赖的技术来源。更多信息，请访问www.gf.com/cn。
前瞻性声明
本新闻稿包括明示和暗示的“前瞻性声明”，包括但不限于有关我们的财务前景、未来指导、产品开发、业务战略和计划、市场趋势、机会和定位的声明。本前瞻性声明基于我们管理层的观点、假设及目前可用信息。本前瞻性声明基于当前的预期、估计、预测和推测。诸如“预期”“预计”“应该”“认为”“希望”“目标”“计划”“目的”“估计”“潜在”“预测”“可能”“将要”“可以”“打算”“应当”等词语及其变体和类似表达，旨在标识本前瞻性声明，但并非所有前瞻性声明均包含此类标识性词语。前瞻性声明受诸多风险和不确定因素影响，其中许多涉及我们无法控制的因素或情况。例如，我们的业务可能会受新冠肺炎疫情及其应对措施的影响；我们的产品市场发展可能慢于预期或以往；我们经营业绩的波动可能超过预期；我们的经营业绩和现金流可能出现有关收入确认或其他方面的重大波动；网络或数据安全事件可能导致我们的网络、数据或我们客户的数据遭到未经授权的访问，从而损害我们的声誉；我们可能遇到技术中断或性能问题，包括服务中断；并且全球经济状况可能恶化。我们无法预测所有风险，也不可能评估所有因素对我们业务的影响，或是任何因素或因素组合可能导致实际业绩或成果与我们可能做出的任何前瞻性声明包含的业绩或成果之间出现何种程度的差异。此外，我们的经营活动所处市场竞争激烈、瞬息万变，可能不时出现新的风险。您不应将前瞻性声明作为对未来事件的预测而过度依赖。本前瞻性声明基于我们的历史业绩以及根据我们目前可用信息所作的计划、估计和预测，因此您不应对其过度依赖。
尽管我们认为我们的声明反映的预期较为合理，但我们无法保证前瞻性声明所述未来业绩、活动水平、绩效、事件和情况的实现或发生。此外，我们或任何其他人均不对本声明的准确性和完整性负责。本前瞻性声明自作出之日起生效，且不应解释为事实声明，接收者应注意避免过度依赖本前瞻性声明。除联邦证券法规定范围外，我们概不承担因本声明日期之后的新信息、后续事件或任何其他情况而更新任何信息或任何前瞻性声明的义务，也不承担反映意外事件的义务。有关潜在风险和不确定因素的讨论，请参考我们提交美国证券交易委员会的文件列出的风险因素。如需上述文件副本，请访问我们的投资者关系网站investors.gf.com或美国证券交易委员会网站www.sec.gov。
有关详细信息，请联系：
投资者关系
ir@gf.com
Record Adjusted Gross and Adjusted EBITDA Margins
Malta, NY, Nov. 30, 2021 – GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced financial results for the third quarter ended September 30, 2021.
Key Third Quarter Financial Highlights
“The third quarter marked the ongoing acceleration of our strategy to lead in the pervasive semiconductor market and demonstrated continued progress towards our target financial model,” said Tom Caulfield, CEO of GF. “Our revenue growth was primarily driven by higher wafer output and continued improvement in mix as our differentiated solutions become a larger portion of our total business. We expect continued revenue and profit growth in the fourth quarter. We are also excited to begin our journey as a public company. Our IPO in October was an outcome of more than a decade of dedication and commitment of our more than 15,000 employees to build an atscale global semiconductor manufacturer with strong technological differentiation.”
Key Recent Business Highlights:
Summary of Fourth Quarter 2021 Outlook:
The guidance provided above contains forward-looking statements as defined in the Securities Exchange Act of 1934 and is subject to the safe harbors created therein. The guidance includes our management’s beliefs and assumptions and is based on information currently available. GF has not provided a reconciliation of its Fourth Quarter fiscal quarter outlook for non-International Financial Reporting Standards (IFRS) gross margin, non-IFRS operating profit margin, non-IFRS EPS or Non-IFRS Adjusted EBITDA Margin because estimates of all of the reconciling items cannot be provided without unreasonable efforts. It is difficult to reasonably provide a forwardlooking estimate between such forward-looking non-IFRS measures and the comparable forward-looking IFRS measures. Certain factors that are materially significant to GF’s ability to estimate these items are out of its control and/or cannot be reasonably predicted.
Adjusted Financial Measures
In addition to the financial information presented in accordance with IFRS, this press release includes the following non-IFRS metrics: adjusted gross profit, adjusted EBITDA, adjusted operating profit, adjusted net income (loss) and adjusted EPS. We define adjusted gross profit (loss) as gross profit (loss) adjusted for share-based compensation expense. We define adjusted EBITDA as net income (loss), excluding the impact of interest expense, tax expense, depreciation, amortization adjusted for share-based compensation expense, transaction gains and associated expenses, restructuring charges and litigation settlements. We define adjusted operating profit (loss) as profit (loss) from operations adjusted for share-based compensation expense. We define adjusted net income (loss) as net income (loss) adjusted for share-based compensation expense. We define adjusted EPS as adjusted net income (loss) divided by the weighted average number of ordinary shares outstanding.
We believe that in addition to our results determined in accordance with IFRS, these non-IFRS measures are useful in evaluating our business and the underlying trends that are affecting our performance. These non-IFRS financial measures provide supplemental information regarding our operating performance that excludes certain gains, losses and non-cash charges that occur relatively infrequently and/or that we consider to be unrelated to our core operations. These non-IFRS measures are used by both our management and our board of directors, together with the comparable IFRS information, in evaluating our current performance and planning future business activities.
We believe that these non-IFRS measures, when used in conjunction with our IFRS financial information, also allow investors and users of our financial statements to better evaluate our financial performance in comparison to other periods and to other companies in our industry. However, non-IFRS financial information is presented for supplemental informational purposes only and should not be considered in isolation or as a substitute for financial information presented in accordance with IFRS. Our presentation of non-IFRS measures should not be construed as an inference that our future results will be unaffected by unusual or nonrecurring items. Other companies in our industry may calculate these measures differently, which may limit their usefulness as a comparative measure.
Conference Call and Webcast Information
GF will host a conference call with the financial community on Tuesday, November 30, 2021 at 4:30 p.m. U.S. Eastern Standard Time (EST) to review the Third Quarter 2021 results in detail. Interested parties may join the scheduled conference call by dialing the following numbers:
The call will be webcast and can be accessed from the GF Investor Relations website https://investors.gf.com. A replay of the call will be available on the GF Investor Relations website within 24 hours of the actual call.
About GlobalFoundries
GlobalFoundries® (GF®) is one of the world’s leading semiconductor manufacturers. GF is redefining innovation and semiconductor manufacturing by developing and delivering feature-rich process technology solutions that provide leadership performance in pervasive high growth markets. GF offers a unique mix of design, development and fabrication services. With a talented and diverse workforce and an atscale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its worldwide customers. For more information, visit www.gf.com.
Forward-looking Statements
This press release includes express and implied “forward-looking statements,” including but not limited to, statements regarding our financial outlook, future guidance, product development, business strategy and plans, and market trends, opportunities and positioning. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. These forward-looking statements are based on current expectations, estimates, forecasts and projections. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms and similar expressions are intended to identify these forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. For example, our business could be impacted by the COVID-19 pandemic and actions taken in response to it; the market for our products may develop more slowly than expected or than it has in the past; our operating results may fluctuate more than expected; there may be significant fluctuations in our results of operations and cash flows related to our revenue recognition or otherwise; a network or data security incident that allows unauthorized access to our network or data or our customers’ data could damage our reputation; we could experience interruptions or performance problems associated with our technology, including a service outage; and global economic conditions could deteriorate. It is not possible for us to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results or outcomes to differ materially from those contained in any forward-looking statements we may make. Moreover, we operate in a competitive and rapidly changing market, and new risks may emerge from time to time. You should not rely upon forward looking statements as predictions of future events. These statements are based on our historical performance and on our current plans, estimates and projections in light of information currently available to us, and therefore you should not place undue reliance on them.
Although we believe that the expectations reflected in our statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances described in the forward-looking statements will be achieved or occur. Moreover, neither we, nor any other person, assumes responsibility for the accuracy and completeness of these statements. Recipients are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date such statements are made and should not be construed as statements of fact. Except to the extent required by federal securities laws, we undertake no obligation to update any information or any forward-looking statements as a result of new information, subsequent events, or any other circumstances after the date hereof, or to reflect the occurrence of unanticipated events. For a discussion of potential risks and uncertainties, please refer to the risk factors listed in our SEC filings. Copies of our SEC filings are available on our Investor Relations website, investors.gf.com, or from the SEC website, www.sec.gov.
For further information, please contact:
Investor Relations
ir@gf.com