Shulou(Shulou.com)11/24 Report--

CTOnews.com, October 31, according to the Economic Daily, Vanguard International Semiconductor / World Advanced (VIS) is currently in talks with Youda's Singapore plant to acquire land and equipment held by Youda for the construction of the first 12-inch fab.

According to Youda's official website, Vanguard International Semiconductor plans to invest US $2 billion (CTOnews.com Note: currently about 14.64 billion yuan) to produce chips mainly for the automotive sector.

It is reported that Vanguard International Semiconductor will hold a meeting on November 7, while Youda plans to hold a meeting on October 31, and the two companies have not officially commented on the rumors.

The report said AUDA plans to withdraw gradually, shifting its focus in Singapore from manufacturing to the establishment of a regional service center.

Youda bought the Singapore factory in 2010 to specialize in the production of 4.5-generation low-temperature polysilicon (LTPS) display panels and has part of the AMOLED display capacity. The plant is conveniently located just an eight-minute drive from TSMC's Singapore plant (SSMC) and the deal is expected to be worth more than a billion dollars.

CTOnews.com reported in January last year that Vanguard International Semiconductor acquired AUDA's L3B plant and plant facilities.

Youda's L3B plant in Bamboo is an 8-inch wafer plant purchased in 1999, with a building area of about 48400 square meters, of which the plant is valued at about NT $789 million, while the plant's ancillary equipment is valued at NT $113 million.

Related readings:

"the world's advanced officially took over Youda L3B 8-inch wafer factory."

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