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VSMC Celebrates Breaking Ground on 300mm Fab in Singapore
NXPNXP(US:NXPI) GlobeNewswire News Roomยท2024-12-04 06:00

Core Insights - VisionPower Semiconductor Manufacturing Company (VSMC) has commenced construction of a new 300mm wafer manufacturing facility in Tampines, Singapore, marking a significant investment in the semiconductor industry [1][2][6] Group 1: Company Overview - VSMC is a joint venture established by Vanguard International Semiconductor Corporation (VIS) and NXP Semiconductors N.V. in September 2024 [1][6] - The facility is expected to begin initial production in 2027, with a planned output of 55,000 300mm wafers per month by 2029 [2][3] Group 2: Economic Impact - The new fab is projected to create approximately 1,500 jobs and enhance business opportunities for local enterprises [3][6] - The establishment of VSMC reinforces Singapore's position as a critical global node in the semiconductor supply chain [3][6] Group 3: Technological Advancements - The fab will utilize a fully automated production model, integrating an Automated Material Handling System (AMHS) and AI applications for quality management [4] - The facility will be designed with modern technology and green manufacturing principles, reflecting a commitment to sustainability [3][5] Group 4: Investment Details - The total investment for the VSMC joint venture is approximately $7.8 billion [6] - The project is aligned with NXP's hybrid manufacturing strategy, supporting growth plans with supply control and geographic resilience [3]