Globalfoundries is not determined in the coming years about the timing of facory construction in Abu Dhabi , the company is going to invest in the expansion of production facilities in Germany and U.S..
Referring to Globalfoundries representatives , in the foreseeable future, the company may enter the public offering (IPO). This means that the newly-issued shares of the company to outside investors will get partial control over it, or simply make a movement of that stock, and Globalfoundries will receive additional funds for development.
IPO in this case may have two main goals: the completion of the budget for further development or decrease depending on ATIC. Arab investors may be interested in a partial refund, which they have already invested in Globalfoundries. Company owners spend on business development for about $ 12 billion for this year and next year's planned investment of $ 3 billion Meanwhile, Globalfoundries will come to break even until 2015, and the patience of Arab investors may end sooner. For this reason, the company may require additional sources of financing.
This does not mean, however, that the Arab owners of Globalfoundries absolutely refuse to finance the company. The investment plan for 2013 has already been approved. And the possibility of an IPO was just discussed.