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Globalfoundries F-1 IPO Prospectus

2 pointsby gotmediumover 3 years ago

1 comment

marc__1over 3 years ago
&gt; As of the date of this prospectus, the aggregate lifetime revenue commitment reflected by these agreements amounted to more than $19.5 billion, including more than $10 billion during the period from 2022 through 2023 and approximately $2.5 billion in advanced payments and capacity reservation fees. These agreements include binding, multi-year, reciprocal annual (and, in some cases, quarterly) minimum purchase and supply commitments with wafer pricing and associated mechanics outlined for the contract term.<p>&gt; A key measure of our position as a strategic partner to our customers is the mix of our wafer shipment volume attributable to single-sourced business, which represented approximately 61% of wafer shipment volume in 2020, up from 47% in 2018<p>&gt; In 2020, we shipped approximately 2 million 300mm equivalent semiconductor wafers