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| Atic chairman Waleed Al Mokarrab Al Muhairi, second from left, shakes hands on the deal with his Chartered Semiconductor counterpart James Norling. Looking on are Chartered chief Chia Song Hwee, Atic chief Ibrahim Ajami and Douglas Grose, chief executive of Globalfoundries |
Semiconductor manufacturing, with its multibillion-dollar factories and recurring need to upgrade technology, has never been an industry for the light-pocketed.

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