In Ford’s latest earnings call, CEO Jim Farley explained that Ford chose GlobalFoundries as its semiconductor supplier over Taiwan Semiconductor Manufacturing Co. with two goals in mind. Ford is seeking to ensure the capacity exists for an adequate supply of its automotive chips. The automaker also seeks to develop “feature-rich” chips and nodes to support the automotive industry.
The first goal, clearly, is about managing Ford’s supply chain. But regarding the second goal, what on earth do Ford and GlobalFoundries mean by “feature rich”?
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