GF

Uponor transaction to close: Strong focus on value creation and attractive end markets with new piping systems setup - Georg Fischer AG

Retrieved on: 
Monday, November 13, 2023
Acquisition, Executive Committee, Corporation, College of Engineering (KNUST), Water, GF, Heat, Gas, Growth, CHF, IBM 2821 Control Unit, Management, Renewable energy, Uponor

After all conditions of the tender offer have been fulfilled, GF closes the transaction as of 13 November 2023.

Key Points: 
  • After all conditions of the tender offer have been fulfilled, GF closes the transaction as of 13 November 2023.
  • To accelerate the implementation of GF Piping Systems' Strategy 2025 and to further benefit from global megatrends, GF will start an ambitious value creation program to unleash the full potential of this acquisition.
  • GF Piping Systems will focus on the industrial and utility business, providing its customers with sustainable leak-free piping solutions for numerous end markets such as microelectronics, water treatment, energy, chemical processing, marine, data centers or water & gas utilities.
  • Uponor's infrastructure business will become part of GF Piping Systems and will further strengthen the division's portfolio to provide customers with combined solutions.

Uponor transaction to close: Strong focus on value creation and attractive end markets with new piping systems setup - Georg Fischer AG

Retrieved on: 
Monday, November 13, 2023
Acquisition, Executive Committee, Corporation, College of Engineering (KNUST), Water, GF, Heat, Gas, Growth, CHF, IBM 2821 Control Unit, Management, Renewable energy, Uponor

After all conditions of the tender offer have been fulfilled, GF closes the transaction as of 13 November 2023.

Key Points: 
  • After all conditions of the tender offer have been fulfilled, GF closes the transaction as of 13 November 2023.
  • To accelerate the implementation of GF Piping Systems' Strategy 2025 and to further benefit from global megatrends, GF will start an ambitious value creation program to unleash the full potential of this acquisition.
  • GF Piping Systems will focus on the industrial and utility business, providing its customers with sustainable leak-free piping solutions for numerous end markets such as microelectronics, water treatment, energy, chemical processing, marine, data centers or water & gas utilities.
  • Uponor's infrastructure business will become part of GF Piping Systems and will further strengthen the division's portfolio to provide customers with combined solutions.

PDF Solutions® Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 8, 2023
PDF, PDF Solutions, Esri International User Conference, Sale, Security (finance), Analog Devices, Conference, Disclosure, GAAP, Acquisition, Bank statement, STMicroelectronics, Analytics, Intel, SAP, GF, Renesas Electronics, Total, Investment, Video game, Cryptocurrency, Financial adviser, Bank

Analytics revenue for the third quarter of 2023 was $39.5 million, compared to $37.1 million for the second quarter of 2023 and $32.9 million for the third quarter of 2022.

Key Points: 
  • Analytics revenue for the third quarter of 2023 was $39.5 million, compared to $37.1 million for the second quarter of 2023 and $32.9 million for the third quarter of 2022.
  • Integrated Yield Ramp revenue for the third quarter of 2023 was $2.9 million, compared to $4.5 million for the second quarter of 2023 and $7.0 million for the third quarter of 2022.
  • GAAP gross margin for the third quarter of 2023 was 66%, compared to 70% for the second quarter of 2023 and 69% for the third quarter of 2022.
  • Non-GAAP gross margin for the third quarter of 2023 was 70%, compared to 74% for the second quarter of 2023 and 72% for the third quarter of 2022.

GlobalFoundries Awarded $35 Million Funding from U.S. Government to Accelerate Manufacturing of Next-Generation GaN Chips

Retrieved on: 
Wednesday, October 18, 2023
Internet of things, Car, Trusted Foundry Program, U.S. Department of Defense Strategy for Operating in Cyberspace, United States Department of Defense, Assistant, Government, GlobalFoundries, Assistant Secretary of Defense for Sustainment, News, Internet, GFS, Gallium nitride, Partnership, TAPO, DMEA, Gallium, GF, Semiconductor, Silicon, Mobile phone, Video game, Renewable energy, Defense

ESSEX JUNCTION, Vt., Oct. 18, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) has been awarded $35 million in federal funding from the U.S. government to accelerate the manufacturing of GF’s differentiated gallium nitride (GaN) on silicon semiconductors at its facility in Essex Junction, Vermont.

Key Points: 
  • ESSEX JUNCTION, Vt., Oct. 18, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) has been awarded $35 million in federal funding from the U.S. government to accelerate the manufacturing of GF’s differentiated gallium nitride (GaN) on silicon semiconductors at its facility in Essex Junction, Vermont.
  • This funding brings GF closer to large-scale production of GaN chips, which are unique in their ability to handle high voltages and temperatures.
  • The funding builds on years of collaboration with the U.S. government – including $40 million in support from 2020-2022 – that leverages the talent of GF's Vermont team and their 200mm semiconductor manufacturing experience, and applies it to GaN-on-silicon manufacturing.
  • “GF has a longstanding partnership with the U.S. government, and this funding is critical to move GaN on silicon chips closer to volume production.

CNC Market worth $80.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, October 18, 2023
Mobile robot, Occupational safety and health, MES, Condition monitoring, Geography, Overalls, SCADA, Machine vision, Industrial internet of things, Temperature, Urbanization, Okuma Corporation, PLC, GF, Investment, Digital twin, Piezoresistive effect, Humidity, Automation, CNC, Yamazaki Mazak Corporation, Growth, DN, DCS, Component, Absolute, Industrial, PAM, HMI, DMG, Primary Industries and Regions SA, Process control block, Row, MAG, Machine shop, Video game, 3D printing, Region, Computer security

The machines segment is expected to account for the largest size of the CNC market throughout the forecast period.

Key Points: 
  • The machines segment is expected to account for the largest size of the CNC market throughout the forecast period.
  • Additionally, various manufacturing operations rely intemperately on CNC machines as their primary production processes.
  • Therefore, machines offering are a significant component and account for a major share of the overall market.
  • Machining Centers are expected to lead the CNC market during the forecast period.

CNC Market worth $80.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, October 18, 2023
Mobile robot, Occupational safety and health, MES, Condition monitoring, Geography, Overalls, SCADA, Machine vision, Industrial internet of things, Temperature, Urbanization, Okuma Corporation, PLC, GF, Investment, Digital twin, Piezoresistive effect, Humidity, Automation, CNC, Yamazaki Mazak Corporation, Growth, DN, DCS, Component, Absolute, Industrial, PAM, HMI, DMG, Primary Industries and Regions SA, Process control block, Row, MAG, Machine shop, Video game, 3D printing, Region, Computer security

The machines segment is expected to account for the largest size of the CNC market throughout the forecast period.

Key Points: 
  • The machines segment is expected to account for the largest size of the CNC market throughout the forecast period.
  • Additionally, various manufacturing operations rely intemperately on CNC machines as their primary production processes.
  • Therefore, machines offering are a significant component and account for a major share of the overall market.
  • Machining Centers are expected to lead the CNC market during the forecast period.

GlobalFoundries and U.S. Department of Defense Showcase Secure Chip Manufacturing at 2023 Trusted Foundry Training

Retrieved on: 
Thursday, October 12, 2023
IP, Silicon, U.S. Department of Defense Strategy for Operating in Cyberspace, Government, AI, GFS, United States Department of Defense, GF, TAPO, DMEA, DARPA, GlobalFoundries, Head, Trusted Foundry Program

MALTA, N.Y., Oct. 12, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) and the U.S. Department of Defense (DoD) will host a group of leaders and technologists from across the aerospace and defense industry on October 18-19 at GF’s Trusted Foundry Training 2023 in Arlington, Virginia.

Key Points: 
  • MALTA, N.Y., Oct. 12, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) and the U.S. Department of Defense (DoD) will host a group of leaders and technologists from across the aerospace and defense industry on October 18-19 at GF’s Trusted Foundry Training 2023 in Arlington, Virginia.
  • The invite-only event will showcase the critical role of Trusted chip manufacturing for sensitive national defense applications and highlight how essential chips securely manufactured by GF are enabling innovation and provide an efficient path to new technology development across a range of markets.
  • The new contract was the third sequential 10-year contract of its kind between the DoD and the Trusted Foundry business team at GF.
  • At the Trusted Foundry Training event, Steven J. Morani, DoD principal deputy assistant secretary of defense for sustainment, will deliver the keynote address on Oct. 18.

GlobalFoundries® and Microchip Announce Microchip’s 28-nm SuperFlash® Embedded Flash Memory Solution in Production

Retrieved on: 
Wednesday, September 27, 2023
SST, MCU, Partnership, Internet of things, BCD, Intelligence, IP, Microchip Technology, GFS, NVM, HKMG, GF, ESF1, Semiconductor, Video game, Online shopping

GF has established a new industry benchmark for implementing SST’s widely deployed ESF3 SuperFlash technology.

Key Points: 
  • GF has established a new industry benchmark for implementing SST’s widely deployed ESF3 SuperFlash technology.
  • Embedded memory for secure code storage, over-the-air-updates and enhanced functionality is on the rise in a wide range of applications in home and industrial IoT as well as smart mobile devices.
  • “GF is proud to partner with SST to develop, qualify and release to production this impressive embedded NVM solution on our robust 28SLPe platform,” said Mike Hogan, chief business unit officer at GF.
  • Customers interested in SST’s ESF1, ESF3 or SuperFlash® technology memBrain™ neuromorphic memory solution IP offerings should contact [email protected] or the appropriate regional contact listed on the SST website .

GlobalFoundries and Microchip Announce Microchip’s 28nm SuperFlash® Embedded Flash Memory Solution in Production

Retrieved on: 
Wednesday, September 27, 2023
SST, MCU, Partnership, Internet of things, MB, USB On-The-Go, Intelligence, IP, Microchip Technology, GFS, ESF1, NVM, Immediate, HKMG, Industrial, GF, Semiconductor, Computer data storage, Video game

GF has established a new industry benchmark for implementing SST’s widely deployed ESF3 SuperFlash technology.

Key Points: 
  • GF has established a new industry benchmark for implementing SST’s widely deployed ESF3 SuperFlash technology.
  • This implementation delivers the following capabilities and benefits:
    Lowest cost 28nm HKMG ESF3 solution with only 10 masks added, incl.
  • “GF is proud to partner with SST to develop, qualify, and release to production this impressive embedded NVM solution on our robust 28SLPe platform,” said Mike Hogan, Chief Business Unit Officer at GF.
  • Customers interested in SST’s ESF1, ESF3, and SuperFlash® memBrain™ neuromorphic memory solution IP offerings should contact [email protected] or the appropriate regional contact listed on the SST website .

GlobalFoundries Unveils Power-Efficient Advancements to 22FDX® Platform at Annual Tech Summit

Retrieved on: 
Wednesday, September 27, 2023
OIC Science and Technology Summit, Life, Noise, Internet of things, GlobalFoundries, EVP, Temperature, SOC, Bluetooth Low Energy, GFS, SRAM, Radio, Nordic Semiconductor, GF, Safety, Mobile phone, Nordic

MUNICH, Germany, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Today at its annual Technology Summit in Europe, GlobalFoundries (GF) (Nasdaq: GFS) announced advancements to its industry-leading 22FDX® (22nm FD-SOI) platform, introducing a suite of innovative features and enhancements.

Key Points: 
  • MUNICH, Germany, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Today at its annual Technology Summit in Europe, GlobalFoundries (GF) (Nasdaq: GFS) announced advancements to its industry-leading 22FDX® (22nm FD-SOI) platform, introducing a suite of innovative features and enhancements.
  • These enhancements represent a strategic response to the growing demand for better power efficiency and top-tier performance in both IoT and automotive applications.
  • The new features include ultra-low power memory, designed to operate with exceptional energy efficiency, even in the most power-sensitive environments.
  • The technology also offers optimized energy management, allowing for intelligent power consumption and improved battery life in a variety of devices.