In September 2009, Abu Dhabi's sovereign wealth fund agreed to buy Singapore's Chartered Semiconductor Manufacturing for $2.5 billion SGD or $1.8 billion USD. Abu Dhabi would merge Chartered's operations into its GlobalFoundries venture.

Chartered had been the third largest independent foundry in the market. It was Singapore's only big indigenous player in its burgeoning semiconductor industry. The acquisition marked the end of a 22 year journey of challenges and financial losses.

In this video, I want to talk about what was supposed to be Singapore's TSMC. How it started, where it went, and how it ended as an independent entity.

I make reference to a few videos here so let me link them.

Links:
- The Asianometry Newsletter: https://asianometry.com
- The Asianometry Patreon:   / asianometry  
- How Taiwan Created TSMC    • How Taiwan Created TSMC  
- Should TSMC Have Built a Foundry on the Mainland? A Case Study    • Should TSMC Have Built a Foundry on t...