VSMC to build $7.8B wafer fab in Singapore

VisionPower Semiconductor Manufacturing (VSMC), a joint venture between Vanguard International Semiconductor and NXP Semiconductors, will begin construction of a 300mm wafer fab in Singapore in the second half of 2024, with initial production slated for 2027. The $7.8 billion investment will create about 1,500 jobs and target output of 55,000 wafers per month by 2029.

“VSMC will begin construction on its initial phase of the wafer fab in Singapore in the second half of this year, with initial production slated to begin in 2027.”telecomlead.com

• 2 sources
• telecomlead.comNXP JV VSMC to begin construction of $7.8 bn fab in second-half - TelecomLeadEditor https://telecomlead.comSep 4, 2024
• sdxcentral.comNXP and VIS joint venture to build 300mm wafer fab in Singapore - SDxCentralCharlotte TruemanSep 6, 2024

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