, Singapore
199 views
Photo by Jeremy Waterhouse via Pexels

GlobalFoundries' 300mm fab joins WEF's Global Lighthouse Network

This recognises the company’s efforts to enhance Fourth Industrial Revolution technologies.

The World Economic Forum (WEF) has designated GlobalFoundries’ 300mm fab in Singapore as part of the Global Lighthouse Network (GLN) of advanced manufacturers.

According to GlobalFoundries, its inclusion in the GLN recognises its efforts in deploying and scaling Fourth Industrial Revolution (4IR) technologies to drive enterprise-wide operational transformation.

“By harnessing AI and machine learning, GlobalFoundries is transforming its manufacturing operations and driving smarter, more sustainable production across fabs in the U.S., Europe, and Asia,” the company said.

“By deploying over 60 smart manufacturing solutions since 2020, leveraging AI, machine learning, IoT, and advanced analytics, GlobalFoundries has demonstrated significant breakthroughs in cost, quality, and productivity in manufacturing,” it added.

Following this development, GlobalFoundries said it will continue to cross-learn and progress its innovation across the ecosystem with other global Lighthouse sites.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.