# NXP Semiconductors acquires 40% stake in VisionPower to build 12-inch wafer fab in Singapore

NXP Semiconductors (Singapore) agreed on June 5, 2024 to acquire a 40% stake in VisionPower Semiconductor Manufacturing, a joint venture with Vanguard International Semiconductor that will build, operate and produce 130nm to 40nm mixed-signal, power management and analog products at a 12-inch wafer fab in Singapore, targeting 55,000 wafers per month by 2029 and creating about 1,500 jobs.

- Type: Acquisition
- Announced: 2024-06-05
- Where: Singapore, Singapore
- Jobs: 1,500
- Status: announced
- Capacity: 55,000 12-inch wafers per month by 2029
- Products: mixed-signal ICs, power management ICs, analog ICs
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [NXP Semiconductors](https://endata.com/companies/19521.md) (acquirer)
- [Vanguard International Semiconductor](https://endata.com/companies/36724.md) (partner)
- [VisionPower Semiconductor Manufacturing Company](https://endata.com/companies/77876.md) (target)

## Sources

- [xcc.com](https://www.xcc.com/news/detail/5565255), 2024-06-17: "目标公司将在新加坡参与建设、投产量产、并运营一家 12 英寸晶圆代工厂，专门为其股东恩智浦和世界先进提供自用产品。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.