"During Shumlin’s remarks, the governor pulled a smartphone from his jacket pocket and held it up for a crowd of business leaders, politicians and journalists crammed into the chamber’s conference room.

“Let’s remember that the demand for these chips that we make in Essex Junction is robust — that you can’t possible buy a decent gadget like this without having at least one, and sometimes eight or nine chips, made right here in Vermont,” he said. “I’m optimistic about our future and excited about this development,” he said."

full article: http://www.sevendaysvt.com/OffMessage/archives/2014/10/20/ibm-to-offload-chip-unit-essex-plant-to-globalfoundries

"And there are some real gems among the assets. IBM’s Application-specific integrated circuit (ASIC) specialty business and the radio-frequency (RF) parts that it sells to the phone industry are in high demand."

full article: http://www.forbes.com/sites/rogerkay/2014/10/20/globalfoundries-will-try-to-make-lemonade-from-ibms-lemons/

"Jha added that IBM Burlington's fab in particular, with its industry-leading chips for cell phones and other devices, will help GlobalFoundries become a leader in the business."

http://www.burlingtonfreepress.com/story/news/local/2014/10/20/globalfoundries-acquire-ibm-chip-business/17597227/