GlobalFoundries (GF) has acquired Singapore-based Advanced Micro Foundry (AMF), positioning the US chipmaker as the world's largest pure-play silicon photonics (SiPh) foundry and expanding its reach across next-generation AI datacenter infrastructure. Announced on November 17, the deal strengthens GF's manufacturing scale, technology capabilities, and R&D footprint across Asia and the US, while underscoring Singapore's growing role as a strategic semiconductor hub. The companies did not disclose financial terms
Vietnam's richest man and founder of Vingroup, Pham Nhat Vuong, is pushing his business empire into its most ambitious frontier yet: aerospace. The billionaire founder has established a new company, VinSpace, marking the conglomerate's formal entry into aviation and space technology, an expansion that underscores how Vingroup is steadily evolving beyond its roots in real estate and EV
