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Category: market

GlobalFoundries Reached a Final Agreement with a Chinese Wafer Fab

In its financial report for the second quarter of 2025 released yesterday local time, GlobalFoundries announced that as part of its “in China for China” strategy, it had reached a final agreement with a local wafer foundry in China to provide reliable supply for its customers in Chinese Mainland. GlobalFoundries stated that under the framework … Continued

VIAVI Expands Market through Strategic Acquisition of Inertial Labs

Acquisition VIAVI Solutions Inc. (VIAV) announced that it will acquire Inertial Labs located in Leesburg, Virginia with an initial funding of $150 million and up to $175 million in additional conditional funding over the next four years. This move aims to expand VIAVI’s business scope in the aviation, defense, and industrial end markets. This acquisition … Continued