VIS and NXP to build $7.8B 12-inch fab in Singapore

Vanguard International Semiconductor (VIS) and NXP Semiconductors announced a joint venture to build a 300mm semiconductor wafer fab in Singapore. Construction will begin in H2 2024, with mass production expected by 2027. The initial investment is $7.8 billion, creating 1,500 jobs.

“Vanguard International Semiconductor (VIS), an affiliate of TSMC, announced today a joint venture with NXP to build a 12-inch fab in Singapore.”trendforce.com

• 3 sources
• trendforce.com[News] TSMC Affiliate VIS and NXP to Invest USD 7.8 Billion for 12-Inch Fab in Singapore, Expected Mass Production by 2027Jun 5, 2024
• powersemiconductorsweekly.comNXP Semiconductors and Vanguard International Semiconductor to Establish a Joint Venture to Build and Operate a 300mm Fab - Power Semiconductors WeeklyAlexey CherkasovJun 5, 2024
• newelectronics.co.ukNew Electronics - Vanguard International and NXP to build and operate 300mm fab in Singapore - New ElectronicsNeil TylerJun 6, 2024

Summarized from public sources; check the original articles before acting on it.