U.S. chipmaker GlobalFoundries to double auto chip output for 2021

URLhttps://asia.nikkei.com/Business/Tech/Semiconducto
SourceNikkei Asia
Date Published09/16/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Global Foundries
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):500
Country(ies) from which reshored:United Arab Emirates
City reshored to:Malta
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductors
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
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