Company: GFS
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001709048-25-000024
Chunk: 1

Company: GLOBALFOUNDRIES Inc.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 4
Chunk 1
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ITEM 4. INFORMATION ON THE COMPANY

A. History and Development of the Company

GLOBALFOUNDRIES Inc. is an exempted company with limited liability that was incorporated under the laws of the Cayman Island in October 2008. Our principal executive offices are located at 400 Stonebreak Road Extension, Malta, New York, 12020, United States, and our telephone number is +1 (518) 305-9013. We have appointed Corporation Service Company as our agent to receive service of process with respect to any action brought against us in the United States under the federal securities laws of the United States or of any state in the United States. The address of the Corporation Service Company is 251 Little Falls Drive, Wilmington, DE 19808.

We are one of the world’s leading semiconductor foundries. We were established in 2009 when a subsidiary of Mubadala acquired the manufacturing operations of Advanced Micro Devices, Inc. (“ AMD”) in Dresden, Germany, and their fab project site in Malta, New York. Since our inception, we have established a global footprint, encompassing three continents, through a series of acquisitions, greenfield expansions and strategic partnerships.

• In 2010, we combined with Chartered Semiconductor Manufacturing (“ Chartered Semiconductor”), the third-largest foundry by revenue at the time, forming the basis for our Singapore manufacturing hub.

• In 2015, we acquired IBM’s Microelectronics division with manufacturing facilities in New York and Vermont.

• In 2018, we undertook a strategic pivot to focus on the pervasive foundry market opportunity and the growing demand for specialized process technologies. As part of this strategic pivot, since 2018, we have streamlined our manufacturing footprint by divesting three assets that were not aligned with our strategic priorities.

• In November 2021, we completed our initial public offering (“ IPO”) with our ordinary shares listed on Nasdaq under the symbol “ GFS”.

• In the second half of 2024, Module 7H, the new extension of our existing 300mm Fab 7 operations in Singapore, commenced commercial shipment of wafers.

We currently operate four manufacturing sites in the following locations: Dresden, Germany; Singapore; Malta, New York; and Burlington, Vermont. With this level of market presence and capability, our technologies are found across most semiconductor end markets in devices used on a daily basis. Today, we focus on essential chip solutions for the pervasive semiconductor market, where we are trusted to reliably innovate and deliver premium performance,