New ceo for Globalfoundries
Globalfoundries has appointed former Motorola Mobility ceo Sanjay Jha as its chief executive.
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Jha, who has also served as coo at Qualcomm, is set to lead the company's build out and ramp up of its Fab 8 facility in Malta, New York, supporting customers at the 14nm node.
Globalfoundries vice chairman Ibrahim Ajami, said: "Sanjay is one of the most respected leaders in the technology industry and has a proven track record of consistently delivering shareholder value,
"His industry background and experience as a foundry customer will position Globalfoundries for continued growth."