Globalfoundries creates subsidiary avera semiconductor llc
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After reviewing its investment plans, leaving out the most advanced production processes, Globalfoundries announced the creation of Avera Semiconductor LLC, a subsidiary specifically dedicated to providing customized solutions for a wide range of applications.
Avera Semiconductor LLC will focus on providing customized solutions
Avera Semiconductor LLC will build on deep ties with GF to offer ASICs based on 14/12 nm and more mature technologies, while providing new features and access to alternative processes of 7 nm and above. Avera Semi is based on an experience unmatched in the ASIC world, thanks to a world-class team that has produced more than 2, 000 complex projects in its 25-year history.
We recommend reading our article on GlobalFoundries to introduce 22nm FD-SOI process technology in Chengdu.
With more than 850 employees, annual revenues of more than $ 500 million, and more than $ 3 billion in 14nm projects in production, Avera Semiconductor LLC is well positioned to serve clients who develop products in a wide range of markets, including networks wired and wireless, data center and storage, artificial intelligence and machine learning, aerospace and defense.
Kevin O'Buckley, head of the new subsidiary, joined Globalfoundries in 2015 with the acquisition of IBM Electronics. " I can't imagine a better time to launch a new business focused on providing custom ASICs, " said O'Buckley. Data traffic and bandwidth demands have exploded, and next-generation cloud and communications systems must deliver more performance and manage complexity than ever before. Avera Semiconductor LLC has the right combination of experience and technology to help customers design and build optimized, high performance semiconductors.
Hopefully this move will help Globalfoundries improve their competitiveness in the highly complicated market for cutting-edge chip manufacturing.
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