Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TexasTowelie

(112,102 posts)
Wed May 31, 2017, 01:28 AM May 2017

Collapse of $500 million SUNY Poly deal had worldwide consequences

A $7.5 million grant the Cuomo administration is giving GlobalFoundries is the latest effort by the state to clean up the fallout from the SUNY Polytechnic Institute bid-rigging scandal that now appears to have had a far-reaching impact across the industry.

Empire State Development, the state agency that took over SUNY Poly's commercial projects last fall, revealed last week that GlobalFoundries will use the grant to help pay for a special $200 million lithography machine to will be used at GlobalFoundries' Fab 8 factory in Saratoga County.

But that wasn't the original plan.

Rather, the lithography machine, which etches nanometer-sized computer chip designs onto silicon wafers using extreme ultraviolet, or EUV, light, was supposed to be installed at SUNY Poly's campus in Albany as the centerpiece of a $500 million lithography research program led by GlobalFoundries that was announced in April of 2016.

Known as the Advanced Patterning and Productivity Center, the program was one of the largest ever at SUNY Poly and also included IBM and Tokyo Electron as participants.

Read more: http://www.timesunion.com/7day-business/article/Collapse-of-500-million-SUNY-Poly-deal-had-11182851.php

Latest Discussions»Region Forums»New York»Collapse of $500 million ...