Semiconductor manufacturer GlobalFoundries (GF) has announced a strategic collaboration with Ford that it says will advance semiconductor manufacturing and technology development within the US, aiming to boost chip supplies for Ford and the US automotive industry.
The companies have signed a non-binding agreement that opens the door for GF to create further semiconductor supply for Ford’s current vehicle line-up and joint research and development to address the growing demand for feature-rich chips to support the automotive industry. GF said these could include semiconductor solutions for ADAS, battery management systems, and in-vehicle networking for an automated, connected, and electrified future.
GF and Ford also will explore expanded semiconductor manufacturing opportunities to support the automotive industry.
“It’s critical that we create new ways of working with suppliers to give Ford – and America – greater independence in delivering the technologies and features our customers will most value in the future,” said Jim Farley, Ford president and CEO. “This agreement is just the beginning, and a key part of our plan to vertically integrate key technologies and capabilities that will differentiate Ford far into the future.”
“GF is committed to building innovative alliances with the world’s leading companies to enable the features in products that are pervasive throughout people’s lives,” said Tom Caulfield, GF CEO. “Our agreement with Ford is a key step forward in strengthening our cooperation and partnership with automakers to spur innovation, bring new features to market faster, and ensure long-term, supply-demand balance.”