It’s Only Common Sense: Follow Through and Keep Your Promises
American Made Advocacy: Long-time Challenges Confront a New Administration
Marcy's Musings: It's Show Time!
GlobalFoundries, IBM Announce Settlement and Resolution of All Litigation Matters
January 3, 2025 | GlobalFoundriesEstimated reading time: Less than a minute
GlobalFoundries (GF) and IBM announced that the two companies have reached a settlement in their ongoing lawsuits, resolving all litigation matters, inclusive of breach of contract, trade secrets and intellectual property claims between the two companies. This settlement marks the end of an ongoing legal dispute and allows the companies to explore new opportunities for collaboration in areas of mutual interest.
The details of the settlement are confidential and both parties have expressed satisfaction with the outcome.
“We are pleased to have reached a positive resolution with IBM, and we look forward to new opportunities to build upon our long-standing partnership to further strengthen the semiconductor industry,” said Dr. Thomas Caulfield, president and CEO of GF.
“Resolving these disputes is a significant step forward for our companies and will allow us to both focus on future innovations that will benefit our organizations and customers,” said Arvind Krishna, Chairman and CEO of IBM.
Share on:
Suggested Items
Driving Growth and Transforming the EMS Industry
03/05/2025 | Nolan Johnson, SMT007 MagazineWith IPC APEX EXPO 2025 just a few weeks away, industry veterans Jack Calderon and Chaim Lubin of Lincoln International speak about the transformative power of what they have dubbed the Electronics Super-Cycle. Jack and Chaim will be presenters at the EMS Leadership Summit on March 17, discussing the sustained growth trajectory of the EMS provider industry, driven by relentless demand for electronics in everyday life.
VTT, IQM Launch First 50-qubit Quantum Computer Developed in Europe
03/04/2025 | VTT Technical Research Centre of FinlandVTT Technical Research Centre of Finland and IQM Quantum Computers, one of the global leaders in superconducting quantum computers, have completed and launched Europe’s first 50-qubit superconducting quantum computer, now open to researchers and companies through the VTT QX quantum computing service.
SEMI Energy Collaborative Releases Recommendations for Building Low-Carbon Energy Supply in Singapore
02/27/2025 | SEMIThe SEMI Energy Collaborative publicly released its analysis and report: Challenges and Potential Solutions for Acceleration of Low-Carbon Energy Deployment in Singapore.
European EMS Market Experiences Double Digit Negative Growth in 2024, But May Experience Slight Positive Growth in 2025
02/27/2025 | IPCAs revealed this week by an annual survey conducted by in4ma and sponsored by IPC, the electronics manufacturing services (EMS) industry in Europe experienced negative 14 percent growth in printed circuit board assembly (PCBA) production in 2024.
European EMS Market Experiences Double Digit Negative Growth in 2024, But May Experience Slight Positive Growth in 2025
02/26/2025 | IPCAs revealed this week by an annual survey conducted by in4ma and sponsored by IPC, the electronics manufacturing services (EMS) industry in Europe experienced negative 14 percent growth in printed circuit board assembly (PCBA) production in 2024.