VIS joins hands with NXP to invest $7.8 billion Builds state-of-the-art chip factory in Singapore
Taiwanese semiconductor company VIS and Dutch semiconductor company NXP jointly invest $7.8 billion. in a project to build a state-of-the-art chip factory in Singapore
On June 5, 2567, the Nikkei Asia news agency reported that Vanguard International Semiconductor (Vanguard International Semiconductor) or VIS which is a Taiwanese chip manufacturer. Announcement of cooperation with NXP Semiconductors Major Dutch chip company in investment projects valued at 7.8 billion US dollars to build the most advanced factory in Singapore
The cooperation aims to meet the growing demand for chip production in the region. This comes amid concerns from companies and countries concerned about supply chain resiliency and security.
The chip factory will be a joint venture focused on producing battery power management and analog chips. which is used in many sectors From automotive, industrial, consumer products and mobile phone or various mobile devices
The news source stated that TSMC, VIS's largest shareholder, will provide all necessary production technology through licensing. Including sending experts to help build a factory in Singapore.
Construction of the first phase of the factory will begin in the second half of 2567 and is awaiting approval. It is expected that the product will be able to start selling within 2570.
refer : asia.nikkei.com
