- NXP and TSMC’s Vanguard to build $7.8B Singapore chip plant.
- Vanguard pledges $2.4B for 60% stake.
- Plant to manufacture advanced 12-inch silicon wafers.
Dutch chipmaker NXP Semiconductors NV and Vanguard International Semiconductor Corporation, a TSMC subsidiary, are teaming up to build a US$7.8 billion chip wafer plant in Singapore.
Billion-dollar besties
Construction will begin in the second half of the year, with the first batch of products expected by 2027.
Vanguard has pledged US$2.4 billion for a 60% stake, while NXP will contribute US$1.6 billion.
The partners will invest an additional combined US$1.9 billion later, with the remaining funding secured from third parties. The project is set to create 1,500 jobs.
12 inches of pure innovation
The new plant will focus on manufacturing 12-inch silicon wafers for 130-nanometer to 40-nanometer chips, used in automotive power control, industrial, consumer, and mobile devices. These wafers are more advanced than the 8-inch ones produced at Vanguard’s existing Singapore plant.
Singapore continues to attract investments from tech giants seeking to diversify manufacturing amid the China-US chip war.
GlobalFoundries and Nvidia have already made moves in the city-state, and the NXP-Vanguard collaboration further solidifies Singapore’s position in the global semiconductor industry.
To read the original article: https://www.techinasia.com/nxp-tsmcbacked-vanguard-plan-78-billion-chip-plant-construction-singapore
