(PR) GLOBALFOUNDRIES to Implement ITAR and Strict Security Assurances at its Advanced U.S. Semiconductor Manufacturing Facility

GLOBALFOUNDRIES (GF ), the world's leading specialty foundry and the leading U.S. pure-play manufacturer of semiconductors, today announced plans to implement export control security measures at its most advanced manufacturing facility, Fab 8, in Malta, New York. GF will bring its Fab 8 facility into compliance with both the U.S. International Traffic in Arms Regulations (ITAR) standards and the Export Administration Regulations (EAR), making the company the most advanced ITAR foundry in the country. By taking this significant step, GF deepens its partnership with the U.S. Department of Defense (DoD) and the U.S. defense industrial base, and further supports ongoing development of new assurance approaches in support of national security objectives.

These new control assurances, which will go into effect later this year, will make confidentiality and integrity protections available for defense-related applications, devices or components manufactured at GF's Fab 8 facility. To date, GF has invested over $13 billion in Fab 8 and this is a significant step to serve the U.S. government and its technology needs for decades.