XNRGI Inc fka NPWZ

[ShortonCash]

This part is Key...
It says they are using the same model, meaning high volume manufacturing to customer specification, NOT that they are manufacturing semi-conductors.

Once again this is a german company, not NEAH so other than NEAH could use their resources in the future among many other batteries factories this has nothing at this time to do with NEAH.

I agree... Neah could be working with GF

12" wafers were in the Sildo video....

https://www.eetasia.com/news/article/globalfoundries-builds-12-in-wafer-fab-in-china

Globalfoundries’ Fab 8 in Malta, N.Y., on Wednesday. We observed a very crowded and active campus. There is clearly a lot of activity underway, with equipment move-ins and the 14 nm process ramp-up being the focus. We expect equipment installations to increase over the next two quarters, which should benefit Nanometrics ( NANO ), Lam Research ( LRCX ), Applied Materials ( AMAT ), KLA-Tencor ( KLAC ) and ASML Holding ( ASML ). We would be buyers of Nanometrics on foundry share gains, including at Globalfoundries, and buyers of Lam Research and Applied Materials related to general market-expansion trends and attractive valuation.


While Intel, Samsung and SK Hynix have been making chips in wholly owned fabs in China for some time, TSMC pioneered the way for a foundry with its 16nm fab in Nanjing. “Morris Chang specifically cited the need to have continued access to the Chinese market as the reason for constructing TSMC's new 300mm fab in China,” McClean said, calling such deals “an insurance policy for IC producers.”

“China’s electronics industry and fabless community is growing leaps and bounds, so having a fab brings scale to an area where you must be close to your customers,” said G. Dan Hutcheson, president of VLSI Research.

McClean of IC Insights characterised the other moves as more technology upgrades than expansions. He estimates GlobalFoundries, which is privately held, lost nearly $2 billion in 2016 on sales of $5.5 billion, making it a distant second to TSMC with profits of about $10 billion on sales of about $30 billion in 2016.

“Currently, GlobalFoundries is losing money and is working at low utilisation levels, somewhere in the high 70% range,” he said. “They don't need a lot of capacity but some of their older capacity is unlikely to be able to produce the devices they need, so I think a lot of this expansion is really being driven by technology upgrades,” he said.

The Abu Dhabi investment group backing the foundry from its creation as a spin out from AMD has “been very patient…and it looks like that patience will continue for at least another few years,” he added.

“My sense is that [the foundry] definitely has a positive free cash flow to justify the investment—plus, their customer base is expanding,” said Hutcheson of VLSI Research. “I take the announcement to be a positive sign that they are growing,” he said.