Another cooperation: GF and Qualcomm's subsidiary signed a 5G RF front-end product delivery agreement
2021-10-09

On September 16, GF and Qualcomm Global Trading PTE. Ltd., a subsidiary of Qualcomm Technologies, announced that the two parties will continue their successful cooperation in the RF field and continue to work together to build 5G multi-gigabit RF front-end products for the latest generation of 5G products. High-speed cellular network, excellent network coverage and excellent energy efficiency, while meeting user expectations for 5G products in thin and light form factors.

The Nikkei Asian Review reported on Thursday (September 16) that US chip foundry GlobalFoundries said that in response to an unprecedented global supply shortage, the output of automotive chips will at least double this year, and it will invest 6 billion yuan. US dollars to expand overall production capacity. GF's automotive chip customers include Bosch, Volkswagen, NXP Semiconductors NV and Infineon.

GF noted at the 2021 Tech Summit on Wednesday that the future of the auto industry will depend on three trends referred to as ACE: autonomous mobility, connectivity, and electrification.

GF said a typical car currently uses 50-150 chips, while some of the latest electric vehicles use more than 3,000 chips, and the number will only increase as cars continue to evolve and come with additional features that consumers expect.

GlobalFoundries announced Wednesday that it has signed an agreement with Qualcomm Global Trading PTE. Ltd., a subsidiary of Qualcomm Technologies, Inc. (QTI), to provide advanced 5G radio frequency front-end products. QTI is a wholly owned subsidiary of Qualcomm Inc.

The Wall Street Journal reported on September 12 that IHS Markit Ltd. estimated that the output value of the automotive chip market will increase to $85 billion in 2027, up from $52 billion this year.

European semiconductor equipment supplier ASML Holding NV rose 0.14% to close at $889.33 on Wednesday, hitting a record closing high and rising 82.34% this year.

European auto chip maker STMicroelectronics NV rose 1.33 percent to close at $47.24 on Wednesday, hitting a new closing high since Jan. 18, 2001, and up 27.26 percent this year.