Onsemi completes New York fab acquisition
Enables accelerated growth and differentiation for Onsemi’s power, analogue and sensing technologies
Onsemi, a maker of power and sensing chips, has completed its acquisition of GlobalFoundries’ (GF’s) 300 mm East Fishkill (EFK), New York site and fabrication facility, effective December 31, 2022.
The transaction added more than 1,000 technologists and engineers to the Onsemi team. The company celebrated the event with a ribbon-cutting ceremony led by Senate Majority Leader Chuck Schumer (NY), joined by Senior Advisor to the Secretary of Commerce on CHIPS Implementation J.D. Grom. Also in attendance were several other local governmental dignitaries.
“With today’s ribbon cutting, Onsemi will preserve more than 1,000 local jobs, continue to boost the state’s leadership in the semiconductor industry, and supply ‘Made in New York' chips for everything from electric vehicles to energy infrastructure across the country,” said Senator Schumer.