GlobalFoundries and Egis Partner to Develop Next-Generation Smart Sensing Technology for Mobile and IoT Applications

MALTA, N.Y., Sept. 23, 2025 (GLOBE NEWSWIRE) -- Today at its annual Technology Summit in Shanghai, China, GlobalFoundries (Nasdaq: GFS)(GF) announced its collaboration with Egis Technology to deliver a new direct time-of-flight (dToF) sensors on GF’s 55nm platform. This new solution supports smart sensing technologies for new and emerging applications in smart mobile, IoT and automotive end markets.

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