ON Semiconductor has bought GloFo’s East Fishkill 300mm fab for $430 million, of which $100 million has been paid at signing of the definitive agreement, and $330 million will be paid at the end of 2022, after which ON Semiconductor will gain full operational control of the fab, and the site’s employees will transition to ON ...
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from Electronics Weekly https://www.electronicsweekly.com/news/business/semi-buys-glofo-east-fishkill-fab-2019-04/
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