An Abu Dhabi owned microchip producer, Globalfoundries will increase its spending in 2011 to $5.4 billion in an attempt to become the largest microchip producer in the market. Globalfoundries is controlled by an Abu Dhabi Government-owned investment firm called Advanced Technology Investment Company (ATIC). Advanced Technology Investment Company owns 86 percent of Globalfoundries’ shares. Globalfoundries… Continue Reading
