Chartered Semiconductor Manufacturing
|Type||Subsidiary of GlobalFoundries|
|Industry||Semiconductor integrated circuitry|
|Fate||Acquired by GlobalFoundries|
|Key people||Ho Ching, Chairman, and Chia Song Hwee, CEO|
|Revenue||SGD1.435 billion (2006)|
Chartered Semiconductor was created in 1987, as a venture that included Singapore Technologies Engineering Ltd. Yet, it was not until 2000, that ST Engineering (Singapore Technologies Semiconductors), a wholly owned subsidiary of Temasek Holdings wholly acquired Chartered.
Prior to 2010, Chartered Semiconductor Manufacturing (abbreviated CSM) was the world's third largest dedicated independent semiconductor foundry, with its headquarters and main operations located in the Woodlands Industrial Park, Kranji Singapore. The company was listed on the Singapore Exchange under the trading symbol of CHARTERED, as well as on NASDAQ (CHRT), until its buyout.
Chartered provides comprehensive wafer fabrication services and technologies to semiconductor suppliers and systems companies. Chartered's customer base is primarily high-growth, technologically advanced companies operating in the communication, computer and consumer sectors. It does not provide design services and works from customers' designs to produce communications chips.
Besides its own fabs, Chartered operates joint venture facilities with other firms, it offers chip assembly and test services through sister firm STATS ChipPAC. Chartered owns 6 fabrication facilities, all of which are located in Singapore, including the newest, Chartered's first 300-mm facility which started commercial shipment in June 2005.
Acquisition by GlobalFoundries
In September 2009, it was announced that Chartered Semiconductor was about to be acquired by the main stockholder of GlobalFoundries, a joint venture between AMD and Advanced Technology Investment Company(ATIC), of Abu Dhabi, United Arab Emirates.
By acquiring Chartered, ATIC is expanding its investments and expertise in technology in the semiconductor industry which currently consist of a GLOBALFOUNDRIES facility in Dresden, Germany. The transaction was completed at the end of 2009, making ATIC the sole owner of Chartered.
- "Company Profile for Chartered Semiconductor Manufactrng Ltd (CHRT)". Retrieved 2008-10-22.
- "General information page from Securities and Exchange Commission form 20C". Retrieved 2006-09-01.
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