Vanguard to boost capital spendingGROWING DEMAND: Most of the additional spending would be earmarked for the company’s newly acquired fab in Singapore, where Vanguard aims to boost capacityBy Lisa Wang / Staff reporterVanguard International Semiconductor Co (世界先進), which makes power management ICs and driver ICs for displays, yesterday said that it would raise capital spending by about 35 percent for this year to boost 8-inch wafer capacity amid strong customer demand. 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. Photo: Hung Yu-fang, Taipei TimesThe Singaporean fab has a maximum production capacity of 60,000 wafers a month, Vanguard said. As 8-inch wafer capacity worldwide is limited, “demand is to exceed supply significantly in the second half of this year. This quarter, customers continue to show strong appetite for driver ICs used in large TV panels and power management ICs, Vanguard said.

Source: Taipei Times August 05, 2020 15:56 UTC