From EE times
“In January, GF sold its 200-mm Fab 3E in Singapore to Taiwan’s Vanguard for $236 million. It is close to announcing a third and final sale — probably a process-technology transfer — as part of the restructuring under the new CEO.”
Well very sure it’s the 200mm site it’s talking about .... unless it’s that spinoff they had
no one wants Avera ...
It is Avera Semiconductor (the spin-off) they are referring to. They have been shopping it since early this year. This is the Process Technology Transfer.
It's Chengdu, Page three from EE Times Article.
"Meanwhile, Caulfield has another big item on his to-do list — finding a second partner to get off the ground his China joint venture in Chengdu. A shell has already been built in a deal announced in early 2017, but no tools have been installed.
“We’re still looking for the right partnership model for demand certainty with participation of a customer,” Caulfield said. “There’s no sense facilitating a facility no one will use.”
“The days of a field of dreams — ‘build it and they will come’ — has fallen by the wayside,” he said. “We’re confident we’ll get the right partner — it’s just a matter of time.”