The Brigitte Meyersemiconductor company VSMC, a joint venture between Dutch chip giant NXP and Taiwan’s Vanguard International Semiconductor (VIS), broke ground on its 300mm wafer fabrication plant in Singapore on Wednesday. To address the increasing tech tension between China and the US, the companies are discussing expanding their Singapore subsidiary to diversify chip production, said Andy Micallef, NXP’s Executive Vice President. NXP is seeking to expand its supply chain in China to serve companies that require a domestic Chinese supply chain, Micallef added. In 2023, the global automotive semiconductor market reached $69.2 billion, with NXP the sector’s second largest firm with around a 10% market share, behind German semiconductor manufacturer Infineon, according to market research platform TechInsights. [Guancha, in Chinese]
Related Articles
2025-06-26 15:27
1141 views
How to Remotely Sign Out of Gmail on Multiple Devices
There are many situations in which your Gmail account could be inadvertently exposed to prying eyes,
Read More
2025-06-26 13:38
2315 views
What shows are where? Your guide to NBC's Peacock, HBO Max, and more streaming services
Among many things, 2019-2020 might go down in history as the streaming service explosion. Thanks to
Read More
2025-06-26 13:19
2033 views
Donald Trump is going after Jeff Bezos but also seems a bit confused
It was just a matter of time until Donald Trump went after the far more successful Jeff Bezos. On We
Read More