Applied Materials and Globalfoundries Sign Pact

Applied Materials, Inc. today announced that it has signed an enhanced two-year contract with GLOBALFOUNDRIES Inc., one of the semiconductor industry's leading manufacturers, to service all Applied Materials equipment at its Fab 1 in Dresden, Germany. This Applied Performance Service contract goes beyond traditional tool maintenance to support GLOBALFOUNDRIES in optimizing technology ramps, increasing capacity, reducing scrap and improving factory output stability in critical areas.