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.