Company: GFS
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001709048-25-000024
Chunk: 3

Company: GLOBALFOUNDRIES Inc.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 4
Chunk 3
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 our key technology platforms include RF SOI, FDXTM, Fin Field-Effect Transistor (“ FinFET”), Bipolar-CMOS-DMOS (“ BCD”), BCDLite, Silicon Germanium (“ SiGe”) and Gallium Nitride (“ GaN”) products.

Our wide range of essential chip solutions serve applications across the following end markets, as illustrated below:

 ────────────────────────
  FEATURE RICH CMOS     
  FR-CMOS               
  ULTRA-LOW POWER CMOS  
  FinFet                
  FDX TM, FD-SOI        
  SILICON PHOTONICS     
  SiPh                  
  RF                    
  RF, SOI               
  SiGe                  
  RF GaN                
  POWER                 
  BCD, BCDLite          
  Power GaN             

Customers and Sales

Through our highly differentiated technology, scaled manufacturing footprint and intense focus on collaboration, we have built deep strategic partnerships with a broad base of more than 250 customers as of December 31, 2024, many of whom are the global leaders in their field.

For the year 2024, our top ten customers, based on wafer shipment volume, included some of the largest semiconductor companies in the world: AMD, Cirrus Logic International (U. K.) Limited, Infineon Technologies AG, Media Tek Inc., NXP Semiconductors N. V., Qualcomm Global Trading Pte. Ltd (“ Qualcomm”), Qorvo International Ptd. Ltd, Samsung, Skyworks Solutions, Inc. and Sony Semiconductor Manufacturing Corporation. A key measure of our position as a strategic partner to our customers is the mix of our wafer shipment volume attributable to single-sourced design wins, which represented approximately 64% of wafer shipment volume in 2024. We define single-sourced design wins as those that we believe can only be manufactured with our technology and cannot be manufactured elsewhere without significant customer redesigns.

The following chart illustrates our revenue mix based on customer end markets:

  Revenue by End Markets                                  2024                             2023                             2022                  
                                                   Net Revenue      Percentage      Net Revenue      Percentage      Net Revenue      Percentage  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Smart Mobile Devices                                   3,048             45%            3,023             41%            3,723             46%  
  Communications, Infrastructure & Datacenter              577              9%