GLOBALFOUNDRIES Announces New Chief Executive to Lead Next Phase of Growth

San­jay Jha appoin­ted by GLOBALFOUNDRIES Board to lead company

San­ta Cla­ra, Calif., Janu­ary 6, 2014 — Buil­ding on the suc­cessful track record of its first five years in the semi­con­duc­tor indus­try and its con­tin­ued com­mit­ment to build out its glo­bal net­work of manu­fac­tu­ring faci­li­ties, GLOBALFOUNDRIES announ­ced today, from its new offices in Sili­con Val­ley, San­jay Jha has been appoin­ted as the company’s new Chief Exe­cu­ti­ve Offi­cer. Jha has ser­ved as CEO of Moto­ro­la Mobi­li­ty Inc. and as the COO of Qual­comm Inc.

Ajit Mano­cha, who ser­ved as an advi­sor to the company’s share­hol­der pri­or to being appoin­ted CEO of GLOBALFOUNDRIES in mid-2011, will return to that role and will work clo­se­ly with Jha on his transition.

Ajit has play­ed an instru­men­tal role in making GLOBALFOUNDRIES the second lar­gest foundry in the world, deli­ve­ring on cus­to­mer rela­ti­onships, tech­no­lo­gy lea­der­ship and ope­ra­tio­nal excel­lence,” said Ibra­him Aja­mi, Vice Chair­man of the GLOBALFOUNDRIES Board. “San­jay is one of the most respec­ted lea­ders in the tech­no­lo­gy indus­try and has a pro­ven track record of con­sis­t­ent­ly deli­ve­ring share­hol­der value. His indus­try back­ground and expe­ri­ence as a foundry cus­to­mer will posi­ti­on GLOBALFOUNDRIES for con­tin­ued growth.”

This has been an incre­di­ble jour­ney and our suc­cess thus far has been a tes­ta­ment to our abili­ty to part­ner with lea­ding cus­to­mers in the indus­try. I am con­fi­dent that I am lea­ving GLOBALFOUNDRIES in a posi­ti­on of strength and that San­jay will take this com­pa­ny to new hori­zons,” said Manocha.

Jha will lead the company’s build out and ramp of its Fab 8 lea­ding-edge faci­li­ty in Mal­ta, New York, sup­port­ing cus­to­mers at the 14 nm tech­no­lo­gy node. GLOBALFOUNDRIES will also con­ti­nue its upgrade of faci­li­ties in Sin­ga­po­re and Ger­ma­ny, which ser­ve mul­ti­ple cus­to­mers across a spec­trum of technologies.

I am thril­led to have the oppor­tu­ni­ty to lead a com­pa­ny with such a strong track record in an indus­try that I know and love. I look for­ward to working clo­se­ly with Ajit during the tran­si­ti­on and with a very talen­ted glo­bal team to con­ti­nue to make our cus­to­mers suc­cessful,” said Jha.

About GLOBALFOUNDRIES

GLOBALFOUNDRIES is the world’s first full-ser­vice semi­con­duc­tor foundry with a tru­ly glo­bal foot­print. Laun­ched in March 2009, the com­pa­ny has quick­ly achie­ved sca­le as the second lar­gest foundry in the world, pro­vi­ding a uni­que com­bi­na­ti­on of advan­ced tech­no­lo­gy and manu­fac­tu­ring to more than 160 customers.

With ope­ra­ti­ons in Sin­ga­po­re, Ger­ma­ny and the United Sta­tes, GLOBALFOUNDRIES is the only foundry that offers the fle­xi­bi­li­ty and secu­ri­ty of manu­fac­tu­ring cen­ters span­ning three con­ti­nents. The company’s three 300mm fabs and five 200mm fabs pro­vi­de the full ran­ge of pro­cess tech­no­lo­gies from main­stream to the lea­ding edge. This glo­bal manu­fac­tu­ring foot­print is sup­port­ed by major faci­li­ties for rese­arch, deve­lo­p­ment and design ena­blem­ent loca­ted near hubs of semi­con­duc­tor acti­vi­ty in the United Sta­tes, Euro­pe and Asia. GLOBALFOUNDRIES is owned by the Advan­ced Tech­no­lo­gy Invest­ment Com­pa­ny (ATIC). For more infor­ma­ti­on, visit http://www.globalfoundries.com.