Global Foundries computer chip plant

Tech website hints that Apple may be interested in "buying into" a share of an existing chip fab plant on the GlobalFoundries campus in Saratoga County. Cnet says if Apple owned capacity at a fab, it would maintain control over design.  The Times Union reports Senator Chuck Schumer has been forging a deal between the iPhone maker and GlobalFoundries that would have the latter manufacturing computer chips for use in Apple devices.

Report: NY In Hunt For Big Computer Plant Upstate

May 2, 2013
Pat Arnow

New York Governor Andrew Cuomo says he may soon make a major economic announcement for upstate New York as published reports say a computer plant codenamed "Project Azalea" is in negotiations to create 1,000 jobs.

Cuomo refused to say anything about the project he hinted at during a news conference Wednesday. He called it a potential "big economic development piece" for the long struggling region.

In February, The Oregonian newspaper quoted that state's economic development director as saying Oregon was competing with upstate New York and other states for Project Azalea.