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© Vanguard International Semiconductor Corporation
Business |

Vanguard to acquire AU Optronics facility

Taiwanese contract chipmaker Vanguard International Semiconductor Corp. has agreed to purchase an 8-inch semiconductor fab (around 48'400sqm) at Hsinchu Science Park for USD 32.5 million.

In a statement with the TWSE, the company said the acquisition of the factory site from AU Optronics is scheduled to be completed by the end of 2021, and will benefit further growth. After the purchase, Vanguard - in which TSMC is a major shareholder - will operate a total of five factories, two others in Hsinchu Science Park, one in Taoyuan and one in Singapore.

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April 26 2024 9:38 am V22.4.33-2
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