NXP Semiconductors NV and Vanguard International Semiconductor Corp. are planning to expand their chip manufacturing facility in Singapore. This move is aimed at diversifying their production capabilities in response to escalating US-China tensions over technology.
During a groundbreaking ceremony for a new joint chip plant in Singapore, NXP Executive Vice President Andy Micallef confirmed that discussions for a phase two expansion are already underway. However, he noted that this additional phase has not yet received formal approval.
The expansion is part of a strategic effort to enhance semiconductor production in a rapidly changing global landscape.