CCS clears GlobalFoundries’ AMF acquisition with no competition concerns

The combined market share of the two parties is considered low by the regulator.

The Competition and Consumer Commission of Singapore (CCS) has cleared the completed acquisition of Advanced Micro Foundry Pte. Ltd. by GLOBALFOUNDRIES Singapore Pte. Ltd., following a notification submitted on 11 February.

The CCS said the transaction does not result in a substantial lessening of competition in the supply of foundry services for pluggable transceivers in Singapore.

Its assessment, based on submissions from the parties and feedback from third parties, found that the market is likely to remain competitive.

The regulator said that the parties are not each other’s closest competitors, and that customers have access to several alternative suppliers.

Moreover, it added that the combined market share of the parties remains low.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia