VIS’ acquisition of GlobalFoundries’ Tampines, Singapore fab

We had been looking for a 200mm facility that could meet our needs for extra capacity. ATREG assisted us and leveraged its deep knowledge of the market to locate and work with us to secure this unique asset at a time when 200mm fabs are in limited supply. Since its foundation, VIS has already had three separate experiences of successfully transforming a DRAM fab into a foundry fab. We believe this transaction is a win-win for both VIS and GF. It is also a decision that benefits all of our customers, employees, and shareholders. VIS will uphold its philosophy and principles to continue satisfying customers’ demands in capacity and technology, sustaining profitability and growth, and rewarding our shareholders.