Source: China – South China Morning PostA wave of chip foundry investment is sweeping across Asia, propelled by China and Taiwan and with Japan and Singapore also seeking to benefit from strong demand for chips, while the US continues to build up semiconductor manufacturing on American soil.This week US-based GlobalFoundries, the world’s fourth-largest foundry, announced a new plant in Singapore after pulling out from a plant in the Chinese city of Chengdu last year. It will invest US$4 billion in a new factory in the Lion City to…Read More