Semiconductor firm VSMC opens first S$8.5 billion plant in Singapore, expected to create 1,600 jobs

Singapore's VisionPower Semiconductor Manufacturing Company (VSMC) inaugurated its S$8.5 billion wafer fabrication plant on September 28. The facility, located in Tampines, is expected to generate 1,600 jobs and commence production in the first quarter of 2027. When fully operational by 2029, the plant will be able to manufacture 44,000 silicon wafers per month.

Unlike AI chips typically produced using the two-nanometre or smaller process, VSMC's plant will focus on 40- to 130-nanometre chips used in mixed-signal, power management, and interposer applications. These chips serve the high-performance computing, mobile, automotive, industrial, and consumer markets. Taiwan-based Vanguard International Semiconductor (VIS) and Dutch firm NXP Semiconductors jointly own VSMC, which is VSMC's first facility in Singapore.

The Minister for Trade and Industry (Energy and Industry) Dr Tan See Leng highlighted the growing demand for specialty semiconductors as Singapore's semiconductor industry is projected to double to US$1.6 trillion by 2030. The plant will create approximately 75% professional, managerial, executive, and technician roles, providing opportunities for Singaporeans to build deep skills and careers in the thriving industry.