GROWING DEMAND: Most of the additional spending would be earmarked for the company’s newly acquired fab in Singapore, where Vanguard aims to boost capacity
Date: Date: Aug 06, 2020
By: Lisa Wang / Staff reporter
For the whole of this year, Vanguard plans to spend NT$3.5 billion (US$118.62 million) on new equipment and facilities, up from a capital spending budget of NT$2.6 billion disclosed in February.
The additional spending would be mostly for its newly acquired fab in Singapore, as Vanguard plans to invest a total of NT$1.9 billion this year and next year to increase the fab’s capacity to 40,000 8-inch wafers a month in the first half of next year, up from 30,000 wafers currently.
The Singaporean fab has a maximum production capacity of 60,000 wafers a month, Vanguard said. [FULL STORY]