Groveland and General Motors signed a long-term supply agreement for the production of semiconductor chips in the United States

Source: Communication World Network Author: Wang Hejia

    GM and Global Foundries (GF) recently announced a strategic long-term agreement to establish a special capacity channel for GM‘s chip supply. Through this pioneering agreement, GF will produce the main chip suppliers of General Motors in GF‘s advanced semiconductor factory in northern New York, bringing a key process to the United States.

    This agreement supports GM‘s strategy of reducing the number of unique chips needed to power increasingly complex and high-tech vehicles. Through this strategy, chips can be produced in greater quantities, and are expected to provide better quality and predictability, and maximize the creation of high-value content for end customers.

    Doug Parks, executive vice president of global product development, procurement and supply chain of General Motors, said: "With cars becoming a technology platform, we expect that our demand for semiconductors will more than double in the next few years."

    It is reported that GF is responding to the global demand for semiconductors by signing a series of long-term strategic agreements with existing and new customers.