onsemi takes full ownership of East Fishkill 300mm wafer fab
onsemi has completed its acquisition of GlobalFoundries’ (GF’s) 300 mm East Fishkill New York site and fabrication facility.
The transaction added more than 1,000 world-class technologists and engineers to onsemi and was part of a restructuring of the company’s wafer fabs around the world.
Over the last three years, onsemi has been developing the 300mm fab for power, analog and sensing products with an improved manufacturing cost structure in a deal with GF. This came after a protracted dispute between GF and IBM, the previous owner of the fab.
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The fab is the largest onsemi manufacturing facility in the US with 40 nm and 65 nm CMOS technology nodes with specialized processing capabilities required for image sensor production. The transaction includes an exclusive commitment to supply GF with differentiated semiconductor solutions and investments in research and development as both companies collaborate to build on future growth.
onsemi has already hired nearly 100 new people and committed $1.3bn to the site. The recent passage of the Federal CHIPS and Science Act as well as the New York Green CHIPS Programme could provide opportunities for expansion and growth. onsemi has pledged to donate $500,000 over 10 years to the nearby Rochester Institute of Technology (RIT) to support projects and education aimed at increasing the pipeline of engineers in the semiconductor industry.
“onsemi appreciates Senate Majority Leader Schumer’s unwavering commitment to ensure American leadership in semiconductors and chip manufacturing investments in New York,” said Hassane El-Khoury, president and chief executive officer, onsemi.
“With the addition of EFK to our manufacturing footprint, onsemi will have the only 12-inch power discrete and image sensor fab in the US, enabling us to accelerate our growth in the megatrends of vehicle electrification, ADAS, energy infrastructure and factory automation.