GlobalFoundries is ramping up its microelectromechanical systems production and has set its sight on becoming worldwide leader in this area within the next four years, according to a company executive.
In a Tuesday media briefing, Raj Kumar, general manager of GlobalFoundries Singapore, said the AMD spinoff is targeting to become the global number one microelectromechanical systems (Mems) foundry by 2015. According to him, this market will see high growth, driven by high-volume consumer electronics such as mobile phones, laptops, tablets and cameras.
GlobalFoundries' facilities and tools for Mems production are ready and the company will begin manufacturing in mid-2011, Kumar said. To gear for this new direction, the Singapore GlobalFoundries campus brought in Mems experts last year, he added.
For more on this ZDNet UK-selected story, see Globalfoundries to ride on mobile wave on ZDNet Asia.