Vanguard International Semiconductor And NXP Forge Strategic Alliance To Launch VisionPower Semiconductor To Construct 300mm Fab In Singapore
Portfolio Pulse from Benzinga Newsdesk
Vanguard International Semiconductor and NXP have formed a strategic alliance to launch VisionPower Semiconductor, which will construct a 300mm fab in Singapore. The fab will support 130nm to 40nm mixed-signal, power management, and analog products, targeting various end markets. TSMC will license and transfer the underlying process technologies to the joint venture.
June 05, 2024 | 7:58 am
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NXP has partnered with Vanguard International Semiconductor to form VisionPower Semiconductor, which will build a 300mm fab in Singapore. This strategic move aims to enhance NXP's capabilities in mixed-signal, power management, and analog products for various markets.
The partnership and new fab will likely enhance NXP's production capabilities and market reach in key sectors, potentially boosting its stock price in the short term.
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