FAB

Taiwan-Dutch venture VSMC opens $7.8B specialty-chip fab in Singapore

VisionPower Semiconductor Manufacturing Company (VSMC), a chipmaking joint venture between Taiwan's Vanguard International Semiconductor (VIS) and Dutch group NXP Semiconductors, opened its first factory in Singapore on September 28, a $7.8 billion investment.

Thunes partners FAB to launch real-time cross-border, wallet payments across Middle East

Thunes, a Singapore-based payment firm, announced Tuesday that First Abu Dhabi Bank (FAB), the United Arab Emirates (UAE)’s Global bank, has chosen Thunes as its provider to enable global mobile wallet payouts through its Direct Global Network.