GloFo in trouble? pushing early retirement

[zMeul]

source: https://www.usatoday.com/story/news/2017/04/05/globalfoundries-cutting-workforce-early-retirement/100094550/

 

 

Jim Keller is now at GloFo? who knew  not the same Jim Keller

anyways ... this is what he had to say about pushing workforce in early retirement:

Quote

"We go through these ebbs and flows," Spokesman Jim Keller said Wednesday. "Right now we're at a point where some customers delayed their orders. We're in a period where we don't have as much business."

Keller said the chip business is a "dynamic industry" that changes quickly, and that the long-term market looks "pretty good."

if long term market is looking good why are they pushing people out of the company? and there's the thing GloFo isn't ruling out layoffs 

Quote

Keller did not rule out layoffs, however.

"Obviously, that is a last resort," he said.

The voluntary retirement program is focusing on support roles in sales, administration, information technology and finance. In the New York plants, operators on the fab floor are also being offered early retirement, but Keller said operators are not being targeted in Essex Junction.

 

Global Foundries was created from AMD's existing manufacturing "arm" and acquisition of Chartered Semiconductor Manufacturing, later expanded by acquiring IBM Microelectronics

the owner of the company is the Emirate of Abu Dhabi

biggest names in GloFo's clients list are: AMD, Broadcom, IBM, Qualcomm, STMicroelectronics

GloFo has 3 plants in the US (two in NY and one in Vermont) and two abroad (Germany and Singapore)

Edited April 12, 2017 by zMeul

[Guest]

Quick question, if they do go out of business, what does this mean for Ryzen, or AMD CPUs in general?

[zMeul]

Just now, namandoesnotpanic said:

Quick question, if they do go out of business, what does this mean for Ryzen, or AMD CPUs in general?

if GloGo goes bust, it's going to be really bad for AMD

[Dabombinable]

18 minutes ago, zMeul said:

if GloGo goes bust, it's going to be really bad for AMD

More so than if AMD hadn't spun it off?

[zMeul]

16 minutes ago, Dabombinable said:

More so than if AMD hadn't spun it off?

considering almost all their products are made at GloFo ... yeah, it will be bad

going to a new fab would mean delays and shortages of products or outright lack of products on the market

[Dabombinable]

1 minute ago, zMeul said:

considering almost all their products are made at GloFo ... yeah, it will be bad

going to a new fab would mean delays and shortages of products or outright lack of products on the market

If that happens, lets just hope that it doesn't cause a CPU drought similar to the one Intel caused a while ago.

[zMeul]

1 minute ago, Dabombinable said:

If that happens, lets just hope that it doesn't cause a CPU drought similar to the one Intel caused a while ago.

that was caused because they didn't produced as many as the market demanded - imagine not being able to manufacture anything

[ashypanda]

GloFo should be able to keep afloat just by having Qualcomm as a client, as they ship a hell of a lot of ICs, but really all of their clients do, although it'd probably be better for them to either close a fab or consider a merger with another semiconductor manufacturer, as if they were to go bust the entire electronics industry would be in tatters as who could pick up the slack, as i don't think TMSC has the capacity, or that intel and samsung has the capability to pick up their clients. 

[zMeul]

Just now, ashypanda said:

GloFo should be able to keep afloat just by having Qualcomm as a client, as they ship a hell of a lot of ICs, but really all of their clients do, although it'd probably be better for them to either close a fab or consider a merger with another semiconductor manufacturer, as if they were to go bust the entire electronics industry would be in tatters as who could pick up the slack, as i don't think TMSC has the capacity, or that intel and samsung has the capability to pick up their clients. 

Intel can pick up clients and they expect to, that's why they build fabs for not x86 products

[Dabombinable]

4 minutes ago, zMeul said:

that was caused because they didn't produced as many as the market demanded - imagine not being able to manufacture anything

They didn't produce that many because they were switching manufacturing nodes, and it was difficult to get good yields on the 180nm process for a rather long time.

[ashypanda]

4 minutes ago, zMeul said:

Intel can pick up clients and they expect to, that's why they build fabs for not x86 products

While intel does have some of the most advanced fabs, they seem mostly dedicated to X86 and networking ICs, which would only cover GloFos dresden fab and part of their singapore fab, and they are for intels direct competitors, while GloFo's other fabs seem to produce a broad range of ICs for automotive and high voltage applications, with the exception of one of their NY fabs which seems dedicated to producing just for IBM. 

[leadeater]

1 hour ago, zMeul said:

Jim Keller is now at GloFo? wh

Must be a different Jim Keller to the AMD Jim Keller as he went to Tesla Jan 2016, unless he moved again???

[zMeul]

Just now, leadeater said:

Must be a different Jim Keller to the AMD Jim Keller as he went to Tesla Jan 2016, unless he moved again???

the coincidence would be amazing

[leadeater]

Well that was a quick 2 month turn around from this.... http://www.wcax.com/story/34559625/globalfoundries-looks-to-fill-200-jobs

 

@zMeul Picture of GloFlo Jim Killer in the video, it is a different person so weird lol.

[leadeater]

23 minutes ago, ashypanda said:

While intel does have some of the most advanced fabs, they seem mostly dedicated to X86 and networking ICs, which would only cover GloFos dresden fab and part of their singapore fab, and they are for intels direct competitors, while GloFo's other fabs seem to produce a broad range of ICs for automotive and high voltage applications, with the exception of one of their NY fabs which seems dedicated to producing just for IBM. 

Intel fabs are great at making Intel products. It would be rather silly to think Intel could just pick up any fabrication process or design and be able to perfect it fast or first time, not that I need to tell you that.

[Citadelen]

On 2017-4-12 at 9:40 AM, namandoesnotpanic said:

Quick question, if they do go out of business, what does this mean for Ryzen, or AMD CPUs in general?

GlobalFoundries is not going to go bust, end of.

 

ZMeul stop with the sensationalist titles, Intel layed off 11% of their workforce last year, that doesn't mean that they're in financial trouble. Not to mention GlobalFoundries is expanding 14nm production by 20% due to high demand.

[Intrigue]

2 minutes ago, Citadelen said:

GlobalFoundries is not going to go bust, end off.

ZMeul stop with the sensationalist titles, Intel payed off 11% of their workforce last year, doesn't mean they're really in trouble. 

IBM bowed out just last year, and IBM had roughly 20x the capital to throw at this business. Never doubt the dumbness nor destruction of the almighty dollar.

[Intrigue]

23 minutes ago, leadeater said:

Intel fabs are great at making Intel products. It would be rather silly to think Intel could just pick up any fabrication process or design and be able to perfect it fast or first time, not that I need to tell you that.

Evidence is against you now that Apple is using Intel's modem performance against Qualcomm in their lawsuit proceedings.

[zMeul]

8 minutes ago, Citadelen said:

ZMeul stop with the sensationalist titles

yes yes ....

quoting GloFo spokesman:

Quote

"We go through these ebbs and flows," Spokesman Jim Keller said Wednesday. "Right now we're at a point where some customers delayed their orders. We're in a period where we don't have as much business."

 

the fab they got from IBM already was leaking cash, on top of that, GloFo invested 72 million

[Notional]

2 hours ago, namandoesnotpanic said:

Quick question, if they do go out of business, what does this mean for Ryzen, or AMD CPUs in general?

GloFo uses the same process node and tech as Samsung (licensed from Samsung). So AMD would just get all their stuff made by Samsung instead. Samsung might even buy up some of the fabs if that happened.

[Intrigue]

1 minute ago, Notional said:

GloFo uses the same process node and tech as Samsung (licensed from Samsung). So AMD would just get all their stuff made by Samsung instead. Samsung might even buy up some of the fabs if that happened.

No, they used techniques and tech, not exactly the same process. Would it kill you to read?

 

And Samsung has neither the capacity nor the skill to deal with high frequency parts.

[Notional]

Just now, Intrigue said:

No, they used techniques and tech, not exactly the same process. Would it kill you to read?

 

And Samsung has neither the capacity nor the skill to deal with high frequency parts.

 

GloFo uses the exact same 14nm FF+ LPE and LPP processes. If you believe otherwise, feel free to source it.

[zMeul]

1 minute ago, Intrigue said:

No, they used techniques and tech, not exactly the same process. Would it kill you to read?

 

And Samsung has neither the capacity nor the skill to deal with high frequency parts.

he's confusing TSMC with GloFo

[Notional]

Just now, zMeul said:

he's confusing TSMC with GloFo

No, I'm not.

[Intrigue]

10 minutes ago, Notional said:

GloFo uses the exact same 14nm FF+ LPE and LPP processes. If you believe otherwise, feel free to source it.

By that logic Intel and Nvidia use the same circuits for their iGPUs. Sorry, but no. You have no evidence, and thus I'm under no burden to disprove your claim.