# VIS and NXP establish VSMC joint venture for $7.8B Singapore wafer fab

Vanguard International Semiconductor (VIS) and NXP Semiconductors officially established the VisionPower Semiconductor Manufacturing Company (VSMC) joint venture in Singapore. Construction of the first 300mm wafer fab will begin in H2 2024, with initial production in 2027. Total investment is approximately $7.8 billion.

- Type: Investment
- Announced: 2024-09-04
- Where: Singapore, Singapore
- Value: $7.80B
- Jobs: 1,500
- Starts operating: 2027
- Status: announced
- Capacity: 55,000 300mm wafers per month
- Products: 300mm wafers, mixed-signal products, power management products, analog products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

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

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2024/09/04/2940275/0/en/vis-and-nxp-announce-establishment-of-vsmc-joint-venture.html), 2024-09-04: "Vanguard International Semiconductor Corporation (VIS) and NXP Semiconductors N.V. (NXP) today announced that they have obtained all necessary approvals from relevant authorities and injected capital to officially establish the VisionPower Semiconductor Manufacturing Company Pte Ltd (VSMC) joint ven"
- [globenewswire.com](https://www.globenewswire.com/news-release/2024/09/04/2940275/0/en/VIS-and-NXP-Announce-Establishment-of-VSMC-Joint-Venture.html), 2024-09-04: "Vanguard International Semiconductor Corporation (VIS) and NXP Semiconductors N.V. (NXP) today announced that they have obtained all necessary approvals from relevant authorities and injected capital to officially establish the VisionPower Semiconductor Manufacturing Company Pte Ltd (VSMC) joint ven"
- [investors.nxp.com](https://investors.nxp.com/news-releases/news-release-details/vis-and-nxp-announce-establishment-vsmc-joint-venture/), 2024-09-04: "Vanguard International Semiconductor Corporation (VIS) and NXP Semiconductors N.V. (NXP) today announced that they have obtained all necessary approvals from relevant authorities and injected capital to officially establish the VisionPower Semiconductor Manufacturing Company Pte Ltd (VSMC) joint ven"

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