CCS Clears GlobalFoundries Acquisition of Advanced Micro Foundry

Announcements

CCS Clears the Completed Acquisition of Advanced Micro Foundry Pte. Ltd. by GLOBALFOUNDRIES Singapore Pte. Ltd.

13 April 2026

1.      The Competition and Consumer Commission of Singapore (“ CCS ”) has cleared the completed acquisition of Advanced Micro Foundry Pte. Ltd. (“ AMF ”) by GLOBALFOUNDRIES Singapore Pte. Ltd. (“ GF Singapore ”) (collectively, the “ Parties ”) (the “ Completed Transaction ”), which was notified to CCS for a decision on 11 February 2026.

2.      CCS concluded that the Completed Transaction has not resulted in a substantial lessening of competition in relation to the supply of foundry services for pluggable transceivers in Singapore.

3.      Following its assessment of the Parties’ submissions and feedback from third parties, CCS concluded that the relevant markets are likely to remain competitive in view that: (i) the Parties are not the closest competitors to each other; (ii) there are several other viable suppliers that customers can potentially switch to; and (iii) the Parties’ combined market share is low.

4.      Refer to CCS’s public register for more information.

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