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Taiwan’s Vanguard to hasten construction of Singapore factory

by Sarkiya Ranen
in Technology
Taiwan’s Vanguard to hasten construction of Singapore factory
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[TAIPEI] Taiwan’s Vanguard International Semiconductor said on Friday (Apr 11) it will speed up construction of its 12-inch wafer fab in Singapore as geopolitical risks prompt customers to seek more options to make chips outside China.

Construction of the factory, part of VSMC, a joint venture Vanguard unveiled last year with European chipmaker NXP Semiconductors, is on schedule and even slightly ahead, with mass production expected to begin in 2027, it added.

Vanguard specialises in legacy chips that go into products from cars to display panels. Chinese competitors have been aggressively building up manufacturing capacity for the chips in recent years.

Vanguard chairman Leuh Fang told reporters some customers had also placed urgent orders due to hefty US tariffs, but added a lot of uncertainties could still affect full-year demand.

The company exports less than 1 per cent of its chips directly to the United States. REUTERS

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Tags: ConstructionFactoryhastenSingaporeTaiwansVanguard
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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