BMW Group Signs Agreement with Inova Semiconductor and GlobalFoundries to Secure Supply

  • Will secure several million semiconductors per year 
  • First deliveries for BMW iX
  • Wendt: “Securing our needs for the long term”  

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. 

宝马集团与INOVA、格芯签署协议以确保供应

  • 每年将确保数百万枚芯片的供应
  • 首次交付供应宝马iX系列
  • Wendt:”确保我们的长期需求”

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。

格芯®(GLOBALFOUNDRIES®)公布2021年第三季度财务业绩

调整后毛利率与调整后EBITDA利润率创纪录

纽约州马耳他,20211130——格芯®GLOBALFOUNDRIES®GF)(纳斯达克股票代码:GFS)今日公布第三季度(截至2021930日)财务业绩。

第三季度财务亮点

  • 收入17亿美元,环比增长5%,表明对我们差异化技术的需求仍在持续。
  • 毛利率17.6%与调整后毛利率18%创下纪录。
  • 调整后EBITDA利润率30%创下纪录,同比增长84%,表明我们的目标运营模式取得持续进展。
  • 营运现金流11亿美元。

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IPO15,000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。”

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近期业务亮点:

  • 格芯自1028日起在纳斯达克股票市场交易,股票代码为“GFS”。
  • 格芯和高通签署协议,扩大合作空间,提供先进的5G射频前端产品。
  • 格芯22FDX平台已在德国德累斯顿的Fab 1通过车规1级认证。
  • 格芯确立“零碳之路”目标,即从2020年到2030年减少25%的温室气体排放。
  • 格芯任命Elissa Murphy为董事会成员。Murphy女士目前担任谷歌工程副总裁,此前曾任GoDaddy首席技术官和云平台执行副总裁。

2021年第四季度展望摘要:

  • 收入预计为18亿至18.3亿美元。
  • 毛利预计为3.35亿至3.5亿美元;调整后毛利预计为3.44亿至3.59亿美元。
  • 营业利润预计为5,500万至7,500万美元;调整后营业利润预计为9,200万至1.12亿美元。
  • 净收入预计为1,300万至3,300万美元,调整后净收入预计为5,000万至7,000万美元。
  • 本季度基本每股收益(EPS)预计为0.020.06美元;调整后基本每股收益预计为0.090.13美元。
  • 调整后EBITDA预计为5.1亿至5.3亿美元。
  • 收入中的股票薪酬预计约为900万美元;运营费用中的股票薪酬预计约为2,800万美元(约200万美元用于研发,约2,600万美元用于销售、营销、经常项目和行政)。

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。

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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(EST20211130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:

  • 美国境内:1-877-788-0411
  • 美国境外:1-615-489-8522
  • 参会密码:5743266

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
[email protected]

GlobalFoundries Reports Third Quarter 2021 Financial Results

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

  • Revenue of $1.7 billion, up 5% sequentially, reflecting ongoing demand for our differentiated technologies
  • Record gross margins of 17.6% and adjusted gross margins of 18%.
  • Record adjusted EBITDA margins of 30% which grew 84% year-over-year demonstrating continued progress to our target operating model.
  • Cash flows from operations of $1.1 billion.

“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.”

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Key Recent Business Highlights:

  • GF began trading on the Nasdaq Stock Market under the ticker “GFS” on October 28.
  • GF and Qualcomm signed an agreement to extend the companies’ successful collaboration to deliver advanced 5G RF front-end products.
  • GF 22FDX™ platform is Auto Grade 1 qualified at Fab 1 in Dresden, Germany.
  • GF set a “Journey to Zero Carbon” goal to reduce greenhouse gas emissions by 25% from 2020 to 2030
  • GF appointed Elissa Murphy to its Board of Directors. Ms. Murphy is currently a vice president of Engineering at Google, and previously served as the chief technology officer and executive vice president of Cloud Platforms at GoDaddy.

Summary of Fourth Quarter 2021 Outlook:

  • Revenue expected to be $1,800 million to $1,830 million.
  • Gross profit expected to be $335 million to $350 million; adjusted gross profit expected to be $344 million to $359 million.
  • Operating profit expected to be $55 million to $75 million; adjusted operating profit expected to be $92 million to $112 million.
  • Net income expected to be $13 million to $33 million, adjusted net income expected to be $50 million to $70 million.
  • Basic earnings-per-share (EPS) for the quarter expected to be $0.02 to $0.06; adjusted basic EPS expected to be $0.09 to $0.13.
  • Adjusted EBITDA expected to be $510 million to $530 million.
  • Share-based compensation in cost of revenues expected to be approximately $9 million; Share-based compensation in operating expenses expected to be approximately $28 million (approximately $2 million in Research and Development and approximately $26 million in Sales, Marketing, General and Administrative).

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.

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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:

  • Within the U.S.: 1-877-788-0411
  • Outside the U.S.: 1-615-489-8522
  • Participant Passcode: 5743266

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
[email protected]

GlobalFoundries, Ford to Address Auto Chip Supply and Meet Growing Demand

Agreement aims to build and strengthen a collaborative model to accelerate the next wave of innovation in automotive chip design 

Malta, New York, and Dearborn, Mich., Nov. 18, 2021 – GlobalFoundries Inc. (Nasdaq: GFS) (GF), a global leader in feature-rich semiconductor manufacturing, and Ford Motor Company (NYSE: F) today announced a strategic collaboration to advance semiconductor manufacturing and technology development within the United States, aiming to boost chip supplies for Ford and the U.S. automotive industry. 

The companies have signed a non-binding agreement that opens the door for GF to create further semiconductor supply for Ford’s current vehicle lineup and joint research and development to address the growing demand for feature-rich chips to support the automotive industry. These could include semiconductor solutions for ADAS, battery management systems, and in-vehicle networking for an automated, connected, and electrified future. GF and Ford also will explore expanded semiconductor manufacturing opportunities to support the automotive industry.  

“It’s critical that we create new ways of working with suppliers to give Ford – and America – greater independence in delivering the technologies and features our customers will most value in the future,” said Jim Farley, Ford president and CEO. “This agreement is just the beginning, and a key part of our plan to vertically integrate key technologies and capabilities that will differentiate Ford far into the future.”  

“GF is committed to building innovative alliances with the world’s leading companies to enable the features in products that are pervasive throughout people’s lives,” said Tom Caulfield, GF CEO. “Our agreement with Ford is a key step forward in strengthening our cooperation and partnership with automakers to spur innovation, bring new features to market faster, and ensure long-term, supply-demand balance.” 

The announcement is consistent with both companies’ commitment to build innovative business relationships to regain supply-demand balance for chips in the auto industry as well as efforts to further accelerate technology innovation for the U.S. auto industry. The collaboration leverages both companies’ strengths to better compete, innovate and serve customers. 

This strategic collaboration does not involve cross-ownership between the two companies. 

# # # 

About Ford Motor Company 

Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams.  The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for and deepen the loyalty of those customers.  Ford designs, manufactures, markets and services a full line of connected, increasingly electrified passenger and commercial vehicles:  Ford trucks, utility vehicles, vans and cars, and Lincoln luxury vehicles.  The company is pursuing leadership positions in electrification, connected vehicle services and mobility solutions, including self-driving technology, and provides financial services through Ford Motor Credit Company.  Ford employs about 184,000 people worldwide.  More information about the company, its products and Ford Motor Credit Company is available at corporate.ford.com. 

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 contains forward-looking statements, which involve risks and uncertainties. Readers are cautioned not to place undue reliance on any of these forward-looking statements. GF and Ford undertake 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 
[email protected] 

Jennifer Flake 
Ford 
313-903-0429 
[email protected] 

 

格芯和福特将携手解决汽车芯片供应问题并满足不断增长的需求

该协议旨在建立和加强一个合作模式,以加速汽车芯片设计的下一波创新

格芯 (Nasdaq: GFS) (GF), 全球领先的功能丰富的半导体生产商和福特汽车公司 (NYSE: F) 今日宣布了一项战略合作,以推进美国境内的半导体制造和技术发展,旨在增加福特和美国汽车行业的芯片供应。

两家公司已经签署了一份非拘束性协议,为格芯向福特目前的汽车系列和联合研发创造更多的半导体供应打开了大门,以解决对功能丰富芯片不断增长的需求,支持汽车行业。这些可能包括用于ADAS的半导体解决方案、电池管理系统以及用于自动化、连接和电气化未来的车内网络。格芯和福特还将探索扩大半导体制造的机会,以支持汽车行业。

福特总裁兼首席执行官Jim Farley表示:“我们必须创造与供应商合作的新方式,让福特以及美国为我们的客户提供未来最有价值的技术和功能方面拥有更大的独立性。这项协议仅仅是一个开始,也是我们垂直整合关键技术和能力计划的一个关键部分,这些技术和能力将使福特在未来脱颖而出。”

格芯首席执行官Tom Caulfield表示,“格芯致力于与世界领先的公司建立创新联盟,以赋能在人们生活中无处不在的产品功能。我们与福特的协议是加强我们与汽车制造商合作伙伴关系的关键一步,以促进创新,更快地向市场推出新功能,并确保长期供需平衡。”

这一发布与两家公司致力于建立创新的业务关系,以恢复汽车行业芯片的供需平衡以及进一步加快美国汽车行业技术创新的努力是一致的。该合作利用两家公司的优势,更好地竞争、创新和服务客户。

这一战略合作不涉及两家公司之间的交叉所有权。

# # #

About Ford Motor Company

Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams.  The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for and deepen the loyalty of those customers.  Ford designs, manufactures, markets and services a full line of connected, increasingly electrified passenger and commercial vehicles:  Ford trucks, utility vehicles, vans and cars, and Lincoln luxury vehicles.  The company is pursuing leadership positions in

electrification, connected vehicle services and mobility solutions, including self-driving technology, and provides financial services through Ford Motor Credit Company.  Ford employs about 184,000 people worldwide.  More information about the company, its products and Ford Motor Credit Company is available at corporate.ford.com.

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

本新闻稿可能包含前瞻性声明,这些声明涉及风险和不确定性。请读者注意,切勿过度依赖这些前瞻性声明中的任何内容。除非法律要求,否则,格芯与福特没有义务更新这些前瞻性声明中的任何内容,以反映本新闻稿发布日期之后的事件或情况,或者反映实际结果。

GlobalFoundries Announces Conference Call To Review Third Quarter Of Fiscal Year 2021 Financial Results

MALTA, N.Y., Nov. 02, 2021 (GLOBE NEWSWIRE) — GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, November 30, 2021, at 4:30pm U.S. Eastern Standard Time (EST) following the release of its third quarter of fiscal year 2021 financial results after market close.

Conference Call and Webcast Information

The company will host a conference call with the financial community on Tuesday, November 30, 2021, at 4:30pm U.S. Eastern Standard Time (EST). Interested parties may join the scheduled conference call by dialing the following numbers:

Within the U.S.: 1-877-788-0411
Outside the U.S.: 1-615-489-8522
Participant Passcode: 5743266

The Company’s financial results and a webcast of the conference call will be available on GF’s Investor Relations website at https://investors.gf.com.

A replay of the call will be available on the GF Investor Relations website within 24 hours of the call.

About GlobalFoundries

GlobalFoundries® Inc. (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.

For further information, please contact:
                 
[email protected]

GlobalFoundries Announces Closing of Initial Public Offering

Malta, NY, November 1, 2021 – GlobalFoundries® (Nasdaq: GFS) (GF®), a global leader in feature-rich semiconductor manufacturing, today announced the closing of its initial public offering of 55,000,000 ordinary shares, 30,250,000 of which were offered by GF and 24,750,000 of which were offered by GF’s existing shareholder, Mubadala Investment Company PJSC, at an initial public offering price of $47.00 per share. The shares are listed on the Nasdaq Global Select Market and trade under the ticker symbol “GFS.”  

Morgan Stanley, BofA Securities, J.P. Morgan, Citigroup and Credit Suisse acted as active book-running managers for the offering. Deutsche Bank Securities, HSBC and Jefferies acted as additional book-running managers for the offering. Baird, Cowen, Needham & Company, Raymond James, Wedbush Securities, Drexel Hamilton, Siebert Williams Shank and IMI – Intesa Sanpaolo acted as co-managers for the offering. 

A registration statement relating to these securities was declared effective as of October 27, 2021 by the U.S. Securities and Exchange Commission. The offering was made only by means of a prospectus. Copies of the final prospectus relating to the offering may be obtained from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; BofA Securities, Inc., NC1-004-03-43, Attention: Prospectus Department, 200 North College Street, 3rd Floor, Charlotte, NC 29255 or by email at [email protected].; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 866-803-9204 or by email at [email protected]; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (800) 831-9146 or by email at [email protected]; or Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, NC 27560, by telephone at 800-221-1037 or by email at [email protected]

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.  

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. 

About GF:  

GlobalFoundries Inc. (GF) is one of the world’s leading semiconductor manufacturers. GF delivers feature-rich solutions that enable its customers to develop innovative products for pervasive chips for high-growth markets. GF provides a broad range of feature-rich process technology solutions with a unique mix of design, development and fabrication services. With an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its customers across the globe.

Investor Contact:

Investor Relations
[email protected]

Media Contact: 

Laurie Kelly 
VP Global Communications 
[email protected] 

GlobalFoundries Announces Pricing of Initial Public Offering

Malta, NY, October 27, 2021 – GlobalFoundries® (GF®), a global leader in feature-rich semiconductor manufacturing, today announced the pricing of its initial public offering of 55,000,000 ordinary shares, 30,250,000 of which are being offered by GF and 24,750,000 of which are being offered by GF’s existing shareholder, Mubadala Investment Company PJSC, at an initial public offering price of $47.00 per share. In connection with the offering, Mubadala has granted the underwriters a 30-day option to purchase up to an additional 8,250,000 ordinary shares at the public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the Nasdaq Global Select Market on October 28, 2021 under the ticker symbol “GFS.” The offering is expected to close on November 1, 2021, subject to customary closing conditions. 

Morgan Stanley, BofA Securities, J.P. Morgan, Citigroup and Credit Suisse are acting as active book-running managers for the offering. Deutsche Bank Securities, HSBC and Jefferies are acting as additional book-running managers for the offering. Baird, Cowen, Needham & Company, Raymond James, Wedbush Securities, Drexel Hamilton, Siebert Williams Shank and IMI – Intesa Sanpaolo are acting as co-managers for the offering.  

A registration statement relating to these securities was declared effective as of October 27, 2021 by the U.S. Securities and Exchange Commission. The offering is being made only by means of a prospectus. Copies of the final prospectus relating to the offering, when available, may be obtained from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; BofA Securities, Inc., NC1-004-03-43, Attention: Prospectus Department, 200 North College Street, 3rd Floor, Charlotte, NC 29255 or by email at [email protected].; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 866-803-9204 or by email at [email protected]; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (800) 831-9146 or by email at [email protected]; or Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, NC 27560, by telephone at 800-221-1037 or by email at [email protected]

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.  

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. 

About GF:  

GlobalFoundries Inc. (GF) is one of the world’s leading semiconductor manufacturers. GF delivers feature-rich solutions that enable its customers to develop innovative products for pervasive chips for high-growth markets. GF provides a broad range of feature-rich process technology solutions with a unique mix of design, development and fabrication services. With an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its customers across the globe. 

Investor Contact: 

Investor Relations
[email protected]

Media Contact: 

Laurie Kelly 
VP Global Communications 
[email protected]

格芯宣布IPO定价

纽约马耳他, 2021年10月27日 – 格芯®(GF®),全球领先的功能丰富的半导体制造商今日宣布其首次公开发行5千5百万股普通股的定价,其中3千零25万股由格芯发行,2千4百75万股由格芯的现有股东穆巴达拉投资公司PJSC发行,首次公开发行价格为每股47美元。 就本次发行而言,穆巴达拉预计将授予承销商30天的选择权,以IPO发行价格减去承销折扣和佣金再购买最多8百25万股普通股。这些股票预计将于2021年10月28日在纳斯达克全球精选市场开始交易,股票代码为“GFS”。根据惯例收盘条件,本次发行预计将于2021年11月1日结束。 

摩根士丹利、美国银行证券、J.P.摩根、花旗集团和瑞士信贷(Credit Suisse)担任发行的主承销商。德意志银行证券(Deutsche Bank Securities)、汇丰银行(HSBC)和杰弗里斯银行(Jefferies)将担任拟议发行的附属承销商。Baird, Cowen, Needham & Company, Raymond James, Wedbush Securities, Drexel Hamilton, Siebert Williams Shank and IMI – Intesa Sanpaolo 将担任联合管理人。 

美国证券交易委员会宣布与这些证券相关的招股说明书已于2021年10月27日生效。本次发行仅通过招股说明书进行。最终招股说明书的副本可从以下机构获取(在可提供时):Morgan Stanley & Co. LLC,关涉部门:Prospectus Department,180 Varick Street,2nd Floor,New York,New York 10014;BofA Securities, Inc.,NC1-004-03-43,相关部门:Prospectus Department,200 North College Street,3rd Floor,Charlotte,NC 29255,或者通过电子邮件:[email protected];J.P. Morgan Securities LLC,c/o Broadridge Financial Solutions,1155 Long Island Avenue,Edgewood,NY 11717,电话:866-803-9204,或通过电子邮件:[email protected];Citigroup Global Markets Inc,c/o Broadridge Financial Solutions,1155 Long Island Avenue,Edgewood,NY 11717,电话:(800) 831-9146,或者通过电子邮件:[email protected];或 Credit Suisse Securities (USA) LLC,相关部门:Prospectus Department,Eleven Madison Avenue,3rd Floor,New York,NY 10010,电话:800-221-1037,或者通过电子邮件:[email protected]。 

本新闻稿不构成出售这些证券的要约或购买这些证券的要约邀请,如果任何州或司法辖区的证券法规定了证券的要约、邀请或销售在当地注册或获得资质之前为不合法,那么,这些证券也不可在这些州或司法辖区销售。 

前瞻性声明 

本新闻稿可能包含前瞻性声明,这些声明涉及风险和不确定性。请读者注意,切勿过度依赖这些前瞻性声明中的任何内容。这些前瞻性声明仅表述截至本新闻稿发表之日的内容。除非法律要求,否则,格芯没有义务更新这些前瞻性声明中的任何内容,以反映本新闻稿发布日期之后的事件或情况,或者反映实际结果。