TAIPEI (Taiwan News) — TSMC said Tuesday that its board has approved the sale of unused machinery to VisionPower Semiconductor Manufacturing Company.

TSMC’s Deputy Spokesperson Kao Meng-hua (高孟華) explained that VSMC, a Singapore-based joint venture between Taiwanese Vanguard International Semiconductor Corporation (VISC) and Dutch NXP Semiconductors NV, will receive the equipment as part of the chipmaker’s efforts to optimize assets, per CNA. The transaction is valued at approximately NT$2.21 billion (US$73 million).

The announcement came alongside a separate press briefing held by VISC. VSMC’s Chief Financial Officer Huang Hui-lan (黃惠蘭) said the purchase includes general-purpose tools for 130-40 nm process technologies, per Business Next.

These machines will support production of mixed-signal, power management, and analog products for the automotive and high-performance computing markets, she explained, per UDN.

Huang added that VSMC’s investment plan is progressing smoothly. The company expects to begin mass production in 2027, with monthly capacity reaching 55,000 wafers by 2029. It anticipates 1,500 jobs to be created through this expansion.

Due to the announcement, Taiwan Futures Exchange announced a temporary suspension of after-hours trading for TSMC futures and mini futures starting at 6:35 p.m. on Tuesday.