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ams announced the expansion of its manufacturing operations in Singapore at JTC nanoSpace @ Tampines, including a fully automated clean room and a new VCSEL R&D and manufacturing line. Investment is around $200 million over three years.
“ams is expecting to invest around $200 million over the next three years in manufacturing in Tampines.”marketscreener.com
Summarized from public sources; check the original articles before acting on it.