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VSMC Breaks Ground on Singapore Chip Plant Amid Global Tech Tensions

December 06, 2024 1 min read
author Anamika Mishra, Sub Editor
VSMC, a joint venture between Dutch semiconductor leader NXP and Taiwan’s Vanguard International Semiconductor (VIS), commenced construction on its advanced 300mm wafer fabrication plant in Singapore on Wednesday. This move is part of the companies' strategy to navigate the escalating tech tensions between China and the US by diversifying chip production. Andy Micallef, NXP’s Executive Vice President, highlighted plans to expand the Singapore facility and strengthen the company’s supply chain presence in China. “We

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