Core Insights - GlobalFoundries' Singapore facility has been recognized by the World Economic Forum as part of the Global Lighthouse Network for its advancements in Industry 4.0 technologies, particularly in AI and machine learning [1][5] - The company is focused on leveraging digital capabilities to enhance safety, cost efficiency, quality, and productivity across its global operations [2][5] - Strategic partnerships with academia, solution providers, and government agencies are being developed to strengthen the digital talent pipeline and co-develop innovative solutions [3][5] Digital Transformation and Innovation - GlobalFoundries has deployed over 60 smart manufacturing solutions since 2020, utilizing AI, machine learning, IoT, and advanced analytics to achieve significant improvements in manufacturing [2] - The company aims to transition from Industry 4.0 to Industry 5.0, reshaping its workforce with the latest digital solutions and building a robust digital ecosystem [5] Strategic Positioning - The recognition as a Lighthouse site underscores the critical role of the Singapore facility in GlobalFoundries' global manufacturing strategy, alongside its facilities in the U.S. and Dresden [5] - The company is committed to investing in cutting-edge technologies and talent development to reinforce Singapore's position as a key global semiconductor manufacturing hub [5][6]
GlobalFoundries Joins World Economic Forum’s Global Lighthouse Network for Manufacturing Excellence