$575 Million: GlobalFoundries to Build Advanced Packaging Facility in New York
The initiative is aligned with the U.S. government’s efforts to bolster semiconductor independence and reduce reliance on overseas manufacturing.
The semiconductor industry’s news holds immense significance due to its pervasive influence on modern technology. From smartphones and computers to automotive and medical devices, semiconductors are integral to numerous products and sectors worldwide. Staying updated on international semiconductor news allows businesses and consumers to understand market trends, product developments, and potential disruptions in supply chains, impacting global industries.