TSMC affiliate and NXP joint venture VSMC plans second Singapore fab
According to 36Kr, the TSMC affiliate World Advanced and NXP Semiconductors' joint venture VSMC are considering building a second Singapore chip fab to meet rising demand. VSMC marked the inauguration of its first Singapore plant, which began construction in late 2024 with an expected investment of $7.8 billion; chairman Fang Lu stated that the second plant’s cost is not yet estimable as technology choices are undecided.
Key facts
- 01VSMC is a joint venture between World Advanced and NXP Semiconductors.
- 02A second Singapore fab is being considered to meet growing demand.
- 03The first Singapore chip plant held a ceremony; construction began in late 2024 and the project is expected to invest $7.8 billion.
- 04Chairman Fang Lu stated that budgeting for a potential second plant is premature as technology choices have not been decided.
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