Business · Companies · 10 hrs ago
Globalfoundries says Dresden has room for three more chip factories
Globalfoundries is investing heavily to increase its chipmaking capacity.
The company says Dresden has room for three more chip factories.
Dresden is the location highlighted in the company's expansion plans.
Globalfoundries' approach could interest Brussels.
The company's Europe chief, Manfred Horstmann, explains why it is pursuing these approaches.
The focus is on how Globalfoundries plans to expand.
Globalfoundries says its Dresden site has room for three more chip factories.
The semiconductor maker is investing heavily to expand its capacity.
Europe chief Manfred Horstmann explained the company’s approach.
The article says the company’s plans could also interest Brussels.
- Who
- Globalfoundries and its Europe chief, Manfred Horstmann.
- What
- Globalfoundries says there is room in Dresden for three more chip factories. It is investing heavily to expand capacity.
- When
- The article was published on October 16, 2026.
- Where
- Dresden, Germany.
- Why
- The company is expanding its capacity; Horstmann explained its approach.
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- Site
- Dresden
- Additional factory capacity
- Room for three more chip factories
- Company
- Globalfoundries
- Europe chief
- Manfred Horstmann
- Publication date
- October 16, 2026