[2][4] In 2002, Chartered joined the ARM Foundry Program[5] and in November of that year, it signed a joint development and manufacturing agreement with IBM.

[8] CSM was the world's third largest dedicated independent semiconductor foundry, with its headquarters and main operations located in the Woodlands Industrial Park, Kranji Singapore.

[2][9] In September 2009, it was announced that Chartered Semiconductor was to be acquired by the main stockholder of GlobalFoundries, a joint venture between AMD and Advanced Technology Investment Company (ATIC), of Abu Dhabi, United Arab Emirates.

Chartered's customer base is primarily high-growth, technologically advanced companies operating in the communication, computer and consumer sectors.

[14] The other major semiconductor foundries include TSMC and UMC, Taiwanese-based companies, which are primarily Chartered's main competitors.