Amkor Technology Inc. launched its strategic partnership with GlobalFoundries in Europe at Amkor's Porto, Portugal facility on January 16, 2024. GF began relocating 50 tools from its Dresden site to Amkor in Porto in February 2023, and the first customer products have successfully undergone qualification on the newly installed GF tools. This collaboration marked a significant shift in semiconductor manufacturing, establishing the first all-encompassing EU supply chain that spans from semiconductor wafer production at GF to OSAT services at Amkor.