GLOBALFOUNDRIES Inc. is an exempted company with limited liability that was incorporated under the laws of the Cayman Islands in October 2008. The company traces its origins to the 2009 acquisition of Advanced Micro Devices manufacturing operations in Dresden Germany and the fab project site in Malta New York. Today GLOBALFOUNDRIES Inc. operates as a pure play semiconductor foundry with manufacturing sites on three continents including locations in New York Vermont Germany and Singapore. Its core business consists of producing integrated circuits for fabless design companies and integrated device manufacturers using advanced wafer fabrication processes. The company emphasizes differentiated technologies such as ultra low power CMOS feature rich CMOS radio frequency silicon photonics power gallium nitride and silicon germanium to meet the evolving needs of automotive communications infrastructure data center smart mobile devices and home and industrial Internet of Things applications. Over the years GLOBALFOUNDRIES Inc. has expanded its capacity through ongoing investments in existing facilities and through new advanced packaging capabilities supported by government incentive programs such as the U S CHIPS and Science Act European Union semiconductor initiatives and Singapore state grants.

GLOBALFOUNDRIES Inc. generates revenue primarily by selling semiconductor wafer fabrication services to customers who outsource their chip production. The price for each wafer start depends on the technology node wafer size and the specific process technology selected such as 22 nm CMOS 12 nm FD SOI or 55 nm power BCD. In addition to wafer manufacturing the company earns income from the sale of intellectual property cores that enable customers to integrate specialized functions like radio frequency transceivers power management units and sensor hubs into their designs. Advanced packaging services including fan out wafer level stacking and heterogeneous integration also contribute to the revenue stream. Design enablement tools and technical support provided through the GlobalSolutions partnership ecosystem are billed separately and help customers reduce time to market. The company also receives government grants and tax incentives that are accounted for as other income when they relate to capital expenditures for fab expansions and technology upgrades. Revenue is reported across five end market categories automotive smart mobile devices home and industrial IoT communications infrastructure and data center and non wafer revenue which includes licensing and packaging fees. The mix of revenue shifts over time as customer demand changes and as the company introduces new process technologies and packaging options.

GLOBALFOUNDRIES Inc. is regarded as the third largest pure play semiconductor foundry in the world trailing only Taiwan Semiconductor Manufacturing Company and Samsung Foundry Services. The company's global footprint with fabrication sites in New York Vermont Germany and Singapore provides a unique advantage for customers that require geographic diversification and supply chain resilience. Its technology portfolio emphasizes ultra low power FD SOI radio frequency silicon photonics and power gallium nitride which are positioned to serve high growth sectors such as automotive electrification 5G wireless infrastructure and edge computing. The company competes on factors including manufacturing yield time to volume production cycle time pricing customer service and design support capabilities. GLOBALFOUNDRIES Inc. benefits from long standing patent cross licensing agreements with industry leaders such as Advanced Micro Devices Samsung Taiwan Semiconductor Manufacturing Company and International Business Machines which expand its freedom to operate. Ongoing investment in research and development sustains a pipeline of new process nodes and specialty technologies that keep the company competitive in a rapidly evolving market. Government support programs in the United States Europe and Asia further strengthen its ability to expand capacity and develop next generation solutions without relying solely on private capital.

GLOBALFOUNDRIES Inc. serves a broad customer base that spans fabless semiconductor companies integrated device manufacturers and system original equipment manufacturers across its four primary end markets. In the automotive segment the company supplies chips for advanced driver assistance systems electric vehicle power trains in vehicle networking and infotainment systems to major automotive manufacturers and tier one suppliers. In the smart mobile devices segment customers include leading smartphone tablet and wearable producers that require radio frequency front ends wireless connectivity modules power management integrated circuits and sensor hubs for their products. The home and industrial Internet of Things market receives ultra low power microcontrollers sensor interface chips and secure elements from firms that build connected home appliances industrial automation controllers building energy management systems and edge artificial intelligence devices. In the communications infrastructure and data center segment the company provides radio frequency transceivers timing integrated circuits optical modulators and silicon photonics interconnect components to telecom equipment vendors network operators hyperscale cloud providers and satellite communication companies. The diversity of its customer list reflects the company's ability to adapt its process technology and design enablement services to meet the specific power efficiency and reliability demands of each industry.