VisionPower Semiconductor Manufacturing, a joint venture between Vanguard International Semiconductor Corp (TPE:5347) and NXP Semiconductors, has opened its first 12-inch (300mm) fab in Tampines, Singapore, according to a statement issued on Monday.
The construction of the fab unit is complete, and it has now entered the risk production stage, with volume production scheduled to begin in the first quarter of 2027, the company said.
At full capacity by 2029, the fab is expected to produce approximately 44,000 12-inch wafers per month.
Separately, Nikkei Asia reported that Vanguard, a Taiwan Semiconductor Manufacturing (TPE:2330) affiliate, also plans to launch a second facility next to the first one, as the new capacity is already sold out.
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