Globalfoundries Inc (OQ:GFS)
Business Focus: Semiconductor Machinery Manufacturing
| Sector: Technology | Industry: Semiconductor Equipment & Testing |
| Company Contact | |
| Address: | 400 STONEBREAK ROAD EXTENSION MALTA NY 12020 |
| Tel: | N/A |
| Website: | https://gf.com |
| IR: | See website |
| Key People | ||
| Thomas H. Caulfield President, Chief Executive Officer, Director | David W. Reeder Chief Financial Officer | Pradheepa Raman Chief People Officer |
| Saam Azar General Counsel | Kay Chai Ang Chief Manufacturing Officer | Juan Cordovez Chief Commercial Officer |
| Business Overview |
| GlobalFoundries Inc. is a semiconductor manufacturer. The Company offers a range of mainstream wafer fabrication services and technologies. It manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units. Its specialized foundry manufacturing processes include a library consisting of qualified circuit-building block designs (known as IP titles or IP blocks), and differentiated transistor and device technology. The Company's differentiated technology platforms include radio frequency (RF) silicon-on-insulator (SOI), Fin Field-Effect Transistor (FinFET), FDX, Complementary Metal-Oxide Semiconductor (CMOS), Silicon Germanium (SiGe), Gallium Nitride (GaN), Bipolar-CMOS-DMOS (BCD), and Silicon Photonics (SiPh). Its Bipolar-CMOS-DMOS (BCD) and BCDLite platforms provide performance and flexible platforms for efficient power management. |
| Financial Overview |
| For the three months ended 31 March 2024, Globalfoundries Inc revenues decreased 16% to $1.55B. Net income applicable to common stockholders decreased 47% to $134M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Research and development expense increase of 14% to $124M (expense). |
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