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(Reuters) - World's third-largest contract chipmaker, GlobalFoundries , forecast fourth-quarter revenue above Wall Street ...

Within its end markets, GFS is most exposed to its Smart Mobile Devices, at 50% of revenue, up from 42% a quarter of a year ago and 47% a quarter ago. This quarter, GFS sustained a nice sequential ...

Smart Mobile Devices Revenue: 50% of total revenue, with a 14% sequential increase. Automotive Revenue: 15% of total revenue, with a 5% sequential decrease. IoT Revenue: 18% of total revenue ...

The New York-based company has seen a resurgence in demand from its smart mobile devices segment, offsetting weakness in the Home and Industrial Internet of Things (IoT) and automotive markets.