The ATREG team was retained to assist with the global search for a suitable 200mm manufacturing facility and identified GF’s Fab 3E in Tampines, Singapore as a good match. The transaction includes buildings, facilities, and equipment, as well as intellectual property (IP) associated with GF’s MEMS business. GF will continue to operate the facility through the end of 2019, providing a transition period to facilitate technology transfers for VIS and existing GF customers. The deal also includes the transfer of all Fab 3E’s employees and customers to VIS. This transaction is also part of GF’s strategy to streamline its global manufacturing footprint and increase its focus in Singapore on technologies where the company has clear differentiation such as RF, embedded memory, and advanced analog features. Consolidating its 200mm operations in Singapore into one campus will also help reduce the company’s operating costs by leveraging the scale of its gigafab facility in Woodlands, Singapore.
• VIS quickly accelerated capacity expansion, leading to the production of more than 400,000 eight-inch wafers per year in the future.
• This acquisition ensured continuity of production for VIS customers in 2019.
• The company retained an experienced 200mm foundry workforce ensuring a smooth transition.
• VIS benefited from a MEMS intellectual property (IP) transfer.