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Vanguard International Semiconductor Corporation (VIS) and NXP Semiconductors N.V. announced a joint venture, VisionPower Semiconductor Manufacturing Company Pte Ltd (VSMC), to build a new 300mm semiconductor wafer manufacturing facility in Singapore. The initial phase will cost $7.8 billion, with production starting in 2027 and creating about 1,500 jobs.
“The total cost of the initial build out is anticipated to be $7.8 billion.”nxp.com
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