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GlobalFoundries Joins World Economic Forum's Global Lighthouse Network for Manufacturing Excellence

Core Insights - GlobalFoundries' 300mm fab in Singapore has been designated as part of the Global Lighthouse Network by the World Economic Forum, recognizing its leadership in deploying Fourth Industrial Revolution technologies [1] - The company is leveraging digital capabilities, including AI and machine learning, to enhance safety, cost, quality, and productivity across its manufacturing operations globally [2] - Strategic partnerships with academia, solution providers, and government agencies are being strengthened to build a robust pipeline of digital talent and co-develop innovative solutions [3] Digital Transformation and Innovation - GlobalFoundries has deployed over 60 smart manufacturing solutions since 2020, demonstrating significant improvements in cost, quality, and productivity [2] - The company is focused on re-engineering operations through digital innovation to deliver high-quality semiconductors that meet the demands of rapidly evolving markets such as mobile, automotive, and IoT [5] - The AI Centre of Excellence in Singapore is advancing the adoption of Industry 5.0, reshaping the workforce with digital solutions for current and future talent [5] Ecosystem and Collaboration - As part of the Global Lighthouse Network, GlobalFoundries aims to cross-learn and innovate alongside other global Lighthouse sites [4] - The company emphasizes the importance of holistic transformation, embedding digital innovation, resilience, sustainability, and customer centricity into its operations [5] - Continued investment in cutting-edge technologies and strategic partnerships is crucial for reinforcing Singapore's position as a key global semiconductor manufacturing site [5]