IBM Corp. and GlobalFoundries Inc. have reached a resolution in their long-standing legal dispute over chip development efforts. The dispute began when IBM sold its unprofitable chip business to GlobalFoundries in 2015, with the latter company acquiring fabs, patents, and a commitment to supply processors to IBM. However, legal battles ensued when IBM accused GlobalFoundries of breaching their agreement by prioritizing more advanced chip development.
In response, GlobalFoundries filed a lawsuit claiming IBM shared trade secrets with competitors. Despite the legal battles, both companies have now agreed to end all litigation matters, paving the way for potential collaboration in the future. GlobalFoundries CEO Thomas Caulfield expressed optimism about strengthening the semiconductor industry through partnership with IBM.
Notably, IBM’s semiconductor research center in upstate New York recently achieved a milestone by developing two-nanometer chip technology. The company also partnered with Intel and Rapidus to further progress in chip manufacturing. IBM and Rapidus have made significant breakthroughs in addressing challenges related to mass-producing two-nanometer chips.
The agreement between IBM and GlobalFoundries signifies a renewed focus on collaboration and innovation in the semiconductor industry. GlobalFoundries, known for its silicon-germanium chips and standard silicon circuits, is poised to leverage IBM’s research expertise for future advancements. The resolution of the legal dispute marks a positive step towards enhancing technological development and fostering new opportunities for cooperation in the semiconductor market.
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Photo credit siliconangle.com
