Previously it had struck a deal with Korean giant Samsung to license its 14 nanometre FinFET technology and the partnership has proved lucrative with GloFo winning orders from AMD, Qualcomm, and Apple.
But, according to people who talked to Taiwanese wire Digitimes, GloFo now believes it will be more economical to work on its next generation 10 nanometre technology in house, rather than licensing.
GloFo recently completed the acquisition of IBM’s microelectronics division and that is going to help it to develop leading edge technology.
TSMC is GloFo’s biggest competitor and the race will be on to woo companies including Nvidia to deliver semiconductors with high performance and at good prices, according to the wire.
Recent rumours suggested that Chinese investors are interested in buying GloFo and the Abu Dhabi owners are not averse to such an approach.