Taiwan Semiconductor Manufacturing (TSM) affiliate Vanguard International Semiconductor may accelerate chip making schedule at its $7.8 billion joint venture in Singapore to as soon as late next year, compared with the originally planned H1 2027, Bloomberg News reported Saturday, citing Vanguard International Chairman Fang Leuh.
The planned acceleration comes amid high customer demand for hedging against geopolitical risks, according to the report.
The new plant is a joint venture with NXP Semiconductors (NXPI), Bloomberg reported, adding that Vanguard International broke ground on the facility in Q4.
Taiwan Semiconductor didn't immediately reply to MT Newswires' request for comment.
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