VisionPower Semiconductor Manufacturing Company Pte. Ltd. (VSMC), the joint venture established in September 2024 by Vanguard International Semiconductor Corporation (VIS, TPEx: 5347) and NXP Semiconductors N.V. (NXP, NASDAQ: NXPI), marked the grand opening of its first 12-inch (300mm) fab in Tampines, Singapore, on September 28, 2026.

Milestone Opening in Tampines

The ceremony was attended by Dr. Tan See Leng, Singapore's Minister for Trade and Industry (Energy and Industry); Mr. Png Cheong Boon, Chairman of the Singapore Economic Development Board (EDB); and Ms. Jacqueline Poh, Chief Executive Officer of JTC Corporation.

Representatives from TSMC and other partners, along with customers, suppliers, industry associations, and government agencies, joined management teams from VSMC, VIS, and NXP at the event.

Construction Complete, Risk Production Underway

With construction now complete, the fab has entered the risk production stage, with volume production scheduled to begin in the first quarter of 2027. VSMC held its groundbreaking ceremony in December 2024, and after 22 months of construction, the fab successfully processed its first sample lot, achieving yields above 99 percent. The company remains on track to begin volume production as scheduled.

The fab will support process technologies ranging from 130 nm to 40 nm for mixed-signal, power management, analog, and interposer applications serving the high-performance computing (HPC), mobile, automotive, industrial, and consumer end markets. It adopts a fully automated smart manufacturing model, integrating artificial intelligence and digital management technologies to enhance operational efficiency and customer service quality.

At full capacity by 2029, the fab is expected to produce approximately 44,000 12-inch wafers per month and create around 1,600 jobs. According to the company, the facility will further strengthen Singapore's semiconductor ecosystem, create new opportunities for collaboration, and support long-term economic growth for the region's high-tech industries.

Leadership Statements

"Today's opening ceremony marks a significant milestone for VSMC and reflects VIS' long-term commitment to deepening its presence in Singapore while expanding its global footprint," said VSMC and VIS Chairman Leuh Fang. "Since establishing the joint venture in 2024, we have worked closely with NXP Semiconductors and our partners to complete construction of our first 12-inch fab.

With the fab now officially operational, we will be better positioned to meet our customers' growing demand for specialty IC manufacturing, further strengthen the resilience of the global semiconductor supply chain, and contribute to the continued growth of Singapore's high-tech industry and semiconductor ecosystem."

Rafael Sotomayor, President and Chief Executive Officer of NXP, said the VSMC joint venture fab marks an important milestone in further strengthening NXP's manufacturing base and assurance to support long-term customer demand.

"Building on decades of operations and investment in Singapore, VSMC enhances our geographic resilience, supply control, and cost competitiveness, while advancing our differentiated hybrid manufacturing strategy," he said.

"Our planned manufacturing capacity at VSMC remains unchanged, helping us drive sustainable growth and deliver the innovative technologies that are enabling the next generation of intelligent edge and physical AI systems."

Ms. Cindy Koh, Executive Vice President of the Singapore Economic Development Board, said VSMC's fab reflects the strong confidence that global companies continue to place in Singapore as a global node for advanced manufacturing and the semiconductor value chain.

She noted that beyond adding new capabilities and capacity to Singapore's semiconductor ecosystem, VSMC's collaborations with institutes of higher learning will equip the local workforce to contribute to technologies that shape industries and trends, and that the company's efforts across carbon abatement, energy efficiency, and water recycling reflect its commitment to more sustainable manufacturing practices in Singapore.

Sustainability and Talent Development

VSMC states that it is committed to advancing sustainability and developing future talent. The fab was designed and constructed in accordance with LEED (Leadership in Energy and Environmental Design) and Singapore's Green Mark standards.

By incorporating renewable energy solutions and green manufacturing practices, the company says it continues to improve resource efficiency and reduce environmental impact as it works toward operating a fab that delivers manufacturing excellence while upholding environmental responsibility.

On the talent front, VSMC is strengthening industry-academia collaboration and has signed memoranda of understanding with leading universities in Singapore.

The company is cultivating semiconductor talent through internship and professional training programs, which it says will help build a sustainable pipeline of semiconductor talent for the industry's future growth.

About the Joint Venture

VSMC is a specialty semiconductor foundry joint venture established by VIS and NXP in September 2024. Based in Singapore, VSMC provides specialty foundry services on 12-inch wafers, supporting mixed-signal, power management, analog, and interposer technologies for automotive, industrial, consumer, mobile, and high-performance computing applications.

Its first fab is located in Tampines, Singapore, and is designed to deliver manufacturing solutions to customers worldwide. The opening of the facility represents the culmination of a build-out that began with the joint venture's formation two years earlier and positions the company to begin volume production in the first quarter of 2027.

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