Vanguard International Semiconductor Corporation announced yesterday that it will spend 905 million New Taiwan dollars (approximately $32.5 million) to acquire AUO's L3B fab and facilities.

The fab is located in the Hsinchu Science Park, covering an area of 48,431.98 square meters, and the delivery date is January 1, 2022.

VIS stated that AUO’s L3B fab will become VIS’s fifth fab in the world, with a monthly production capacity of about 40,000 200mm wafers to meet the ever-increasing demand of customers. In addition, the acquisition demonstrates VIS's determination to expand production capacity and commitment to customers, ensuring its continued growth momentum in the future.