GlobalFoundries expanding Luther Forest fab

global foundries logo smallGlobalFoundries announced today that it's expanding the size of the in-construction chip fab in Luther Forest. It says it will be increasing its potential cleanroom capacity by about 40 percent (the company says it will have roughly six soccer fields-worth of cleanroom space).

GloFo says it's also increasing capacity at its fab in Dresden, Germany.

Doug Grose, GlobalFoundries's CEO, told Bloomberg this morning that the expansion will allow the company to reduce the marginal cost of producing chips and help it compete on price. Apparently there's a chip industry boom right now and GloFo ispreparing to take on industry leader Taiwan Semiconductor. [Bloomberg] [PC World]

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