Company/Division name | GlobalFoundries Inc. |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Reshoring |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2021 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 13000 |
City reshored to: | Santa Clara |
State(s) reshored to: | CA |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | 45 nanometer SOI chips, silicon-on-insulator chips |
What non-domestic negative factors made offshoring less attractive? | Intellectual property risk |
What domestic positive factors made reshoring more attractive? | Government Incentives, Infrastructure, Impact on domestic economy, Lead time/Time to market |