On 10 February 2017, the project of GlobalFoundries 12-inch Wafer Chengdu Manufacturing Base was officially signed and the base formally started to build. GlobalFoundries is a leading full-service semiconductor design, development, fabrication and innovation company with locations across the globe.
Guantao Chengdu Office provided legal services for the investment corporation of Chengdu Hi-Tech Industrial Development Zone and GlobalFoundries throughout the whole transaction. The accumulated investment would be exceeded the scale of US$10 billion.