IT House May 28 news, according to evertiq reports, GlobalFoundries and Motorola Systems have signed a long-term agreement,Secured chip solutions for Motorola Systems’ radio equipment.
Motorola Solutions designed for public safety, professional and commercial radio equipmentSeveral key chips will be made by GF in Vermont. GF’s silicon germanium (SiGe) products are used in multiple generations of wireless and wired networks.
IT House learned that Motorola Systems stated that it has established a long-term cooperative relationship with GF to ensure that GF can provide important production capacity,Manufactures chips for companies in the U.S..
According to the financial report, GF’s revenue in the first quarter of 2022 will reach 1.94 billion US dollars (about 13.076 billion yuan),Year-on-year growth of 37%;Gross profit margin of 24.2%adjusted gross profit margin reached 25.3%; net income hit a record of US$178 million (about 1.2 billion yuan), and adjusted net income was US$232 million (about 1.564 billion yuan).
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