Himfr.com Reports For The Middle East Tycoon To Build Gulf's First Semiconductor Plant
AMD German factory owners - Abu Dhabi, United Arab Emirates national fund controlled
by Mubadala Development Company yesterday, aggressively, said the building of the Gulf countries in the Middle East's first processor, semiconductor factories in order to fight global giant Intel."4 years, you will see the first plants in Abu Dhabi." Energy conference in the UAE capital, the Mubadala CEO Waleed Al Muhairi said.
Mubadala is the fund's professional investment institutions, has a controlling stake in AMD of the original manufacturers. Muhairi said the company is already being planned 10 billion U.S. dollars of the huge investment, and restructured the company through the completion of the implementation of Globalfoundries in order to lay the global foundry business.
This is within a week, Abu Dhabi announced in the global semiconductor market, the second movement. A few days ago, the world's third largest semiconductor foundries Chartered, said Abu Dhabi had accepted the offer of 1.8 billion U.S. dollars. Abu Dhabi has also been published outside quickly.
But a few months ago, the U.S. government has also promised that will give hundreds of millions of U.S. dollars in the Middle East Globalfoundries subsidies to help it in New York State the establishment of a new factory.
It appears that in the Middle East was not a purely strategic investment, but to enter the operational areas. The semiconductor industry expert has a great beginning to the CBN, said Kang, the Middle East is planning high-tech industry map to change the over-reliance on oil, scientific and technological strength of weak image.
Muhairi revealed that goal. "This is an industry trend, we will create at home." He said the next two years, the company will become the world's second largest semiconductor foundry business, the future of hope and TSMC, Intel and other companies to compete.
It is still difficult to fight with Intel. But the impact of TSMC, UMC and SMIC, the mainland, it should be somewhat likely. Because, if the completion of the acquisition of Singapore-based Chartered, UMC will direct challenge to the status, as the latter too dependent on the design and investment business, probably next year will be exceeded.
TSMC has also been this tense. A few months ago, when the Middle East, announcing an offer to buy, when Singapore's Chartered, TSMC has said the acquisition, if successful, it really is an important opponents. Because, AMD's core technology combined with Singapore's licensed capacity, is expected to achieve high-speed expansion in the short term.
However, the TSMC foundry companies such as short-term is not afraid of the opponent. In their view, the Arab countries, while rich, but little accumulation in the semiconductor technology, in research and development, operational aspects of the lack of talent, while the Middle East is clearly the number of mature engineers, not much. In addition, mergers and acquisitions, after all, need to integrate cycle.
This acquisition, and is also a major positive for AMD. At least two years ago when it first received in the Middle East were about 6.2 billion dollars, there were a set up factories in the Gulf States had the intention to take advantage of the oil capital, reserves attack on Intel's "bullets."
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