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GLOBALFOUNDRIES AND QUALCOMM ANNOUNCE EXTENSION OF SUPPLY AGREEMENT TO 2028

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  Semiconductor manufacturer, GlobalFoundries, and Chipmaker, Qualcomm Technologies, Inc, are set to further increase the global semiconductor manufacturing agreement that was entered by the two firms as U.S. suppliers through 2028. This is a result of the passing of the U.S. CHIPS and Science Act. This was revealed at a CEO Summit held in Washington D.C. by Global Foundries, Ford Motor Company, and Applied Materials. The event had key stakeholders and personalities in attendance. This announcement with further extend the partnership between Global Foundries and Qualcomm subsidiary, Qualcomm Global Trading Pte. Ltd., in producing chips for “ 5G transceivers, Wi-Fi, Automotive and IoT [Internet of Things] connectivity.” “With accelerating demand for 5G, Automotive, and IoT applications, a robust supply chain is critical for ensuring innovation in these areas remains uninterrupted,” said Senior Vice President and Chief Supply Chain and Operations Officer at Qualcomm Technologie...

QUALCOMM BECOMES GLOBAL SPONSOR OF MANCHESTER UNITED

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Qualcomm Technologies, Inc. has signed an agreement to partner with the English football club, Manchester United. This agreement is said to benefit the experiences of fans of the club and beyond. As part of the agreement, Qualcomm Technologies, Inc “ will feature the Snapdragon brand. Snapdragon platforms power many of the world's premium smartphones, PCs, gaming devices, connected cars, smart wearables, and more.” Qualcomm will also take on the role of giving advice about improvements that have been scheduled to enhance fans’ experience on match days. “Snapdragon platforms will enable ground-breaking experiences for fans across the globe, deepening their engagement with the football club they love.”, said CEO Alliances and Partnerships at Manchester United, Victoria Timpson. “Manchester United has always pushed boundaries of what’s possible and we are excited to be partnering with a company at the forefront of innovation.” Senior Vice President of Qualcomm Technologies, ...