13 days ago3 points(+0/-0/+3Score on mirror)1 child
IBM leaves semiconductors – end of an era
https://www.semiconductorintelligence.com/ibm-leaves-semiconductors-end-of-an-era/
>IBM last week agreed to transfer its semiconductor business to GlobalFoundries. GlobalFoundries will acquire wafer fabs in East Fishkill, New York and Essex Junction, Vermont; IBM’s commercial microelectronics business, which includes ASIC and foundry; over 10,000 IBM patents related to semiconductor manufacturing; and over 5000 fab and ASIC employees. GlobalFoundries will supply all IBM’s 22nm, 14nm and 10nm ICs for the next 10 years. IBM will take a $4.7 billion pre-tax charge to write down the assets of the semiconductor business and to cover paying GlobalFoundries $1.5 billion over the next three years.
Sold over 10,000 patents for chump change to a multi national corporation in the caymans islands. With HQ in NYC. Sounds jewy to me.
https://www.semiconductorintelligence.com/ibm-leaves-semiconductors-end-of-an-era/
>IBM last week agreed to transfer its semiconductor business to GlobalFoundries. GlobalFoundries will acquire wafer fabs in East Fishkill, New York and Essex Junction, Vermont; IBM’s commercial microelectronics business, which includes ASIC and foundry; over 10,000 IBM patents related to semiconductor manufacturing; and over 5000 fab and ASIC employees. GlobalFoundries will supply all IBM’s 22nm, 14nm and 10nm ICs for the next 10 years. IBM will take a $4.7 billion pre-tax charge to write down the assets of the semiconductor business and to cover paying GlobalFoundries $1.5 billion over the next three years.
Sold over 10,000 patents for chump change to a multi national corporation in the caymans islands. With HQ in NYC. Sounds jewy to me.