Globalfoundries, the Abu Dhabi-owned microchip maker, has signed a deal with the mobile chip maker Qualcomm, its biggest customer to date.
The contract is a significant step in Globalfoundries’s push to become a major force in the semiconductor industry. Qualcomm is the largest global chip maker to rely entirely on outside manufacturers.
Abu Dhabi’s Advanced Technology Investment Company (ATIC) created Globalfoundries in a joint-venture with AMD, the Californian company that is the world’s second-largest maker of the microchips for personal computers.
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