Vanguard to buy GloFo fab

Vanguard International Semiconductor Corporation (VIS) of Taiwan, in which TSMC has a major shareholding, is to buy GloFo’s Fab 3E in Singapore for $236 million. The transaction includes buildings, facilities, and equipment, as well as IP associated with GLoFo’s MEMS business. GloFo will continue to operate the facility through the end of 2019, providing a transition ...

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