GlobalFoundries CEO: To solve the shortage of chip supply, industry production capacity must be doubled within 10 years

Phoenix Network Technology News, August 23, Beijing time, US *** chip foundry CEO Tom Caulfield (GlobalFoundries) CEO Tom Caulfield said on Monday that the chip industry needs to increase production capacity in the next 8 to 10 years. Doubled to solve the problem of insufficient supply and the government’s growing concerns about the security of the supply chain.

Caulfield delivered an online speech at the Malaysian Semiconductor Exhibition today, saying that all parts of the world are competing for chip manufacturing capacity and the industry needs to keep up with this trend. "This requires our industry to double its production capacity in the next 8 to 10 years," he said. "It took 50 years for the semiconductor industry to develop into an industry with a scale of 500 billion US dollars. Accomplish the same thing within a year."

He believes that in order to achieve this goal, the chip industry needs a new economic model. This model is based on bold public-private partnerships with the government, partnerships with customers, manufacturers, and suppliers.

Caulfield pointed out that after these years of industry integration, there are only five chip foundries in the world: TSMC, Samsung Electronics, GF, UMC and SMIC. He believes that the scale of TSMC is much larger than the sum of the remaining four companies, and Samsung is both a rival and a supplier. (Author/Xiao Yu)

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