Vietnam increasingly attracts foreign companies in the chip manufacturing industry
Vietnam is actively promoting the expansion of the chip manufacturing industry, attracting foreign companies in all three main segments: assembly, testing and packaging; fabrication and design.
Intel Corporation considers significantly increasing its investment of $1.5 billion in Vietnam to expand its test and chip manufacturing plant.
According to
Reuters , the move signals Vietnam's growing role in the global supply chain for semiconductors, as companies work to cut their reliance on China amid trade tensions with China. USA.
Intel is considering increasing its investment significantly in Vietnam. (Source: Shutterstock)
One of the Reuters sources said the investment is likely to be made "in the coming years" and even larger than $1 billion, while a second source said Intel is also considering investing instead. replace Singapore and Malaysia, which may be favored over Vietnam.
Both sources remain anonymous because the plan has yet to be made public from Intel.
When asked about possible investment plans, Intel told
Reuters : "Vietnam is an important part of our global manufacturing network but we have not announced any new investments."
State-of-the-art chip assembly and testing factory in the High-Tech Park of Ho Chi Minh City. Ho Chi Minh City (SHTP) - the southern commercial hub of Vietnam - is Intel's largest factory in the world.
Since announcing the project in Vietnam in 2006, the company is estimated to have invested about 1.5 billion USD in Vietnam.
The US chip giant has gained more land to set up factories, and the expansion of production in Vietnam is expected to help Intel better manage supply disruptions due to its heavy reliance on one country or one country. factory.
Vietnam is currently an information technology center, a favorite destination of many multinational technology corporations. Vietnam is actively promoting the expansion of the chip manufacturing industry, attracting foreign companies in all three main segments: assembly, testing and packaging; make; design.
A US industry official affirmed that Vietnam has great potential for rapid growth in chip design and assembly, while he sees the development of chip factories as a very possibility. low, unless factories make larger, less complex chips that are still in high demand, such as chips for cars.
Chip design requires less capital and more skilled workers. Vietnam is making inroads in this area, with US conglomerate Synopsys also operating in Vietnam and local Vietnamese companies expanding rapidly, including FPT and Viettel.
Besides, the chip and electronics giant Samsung (South Korea) opened a research facility in Hanoi late last year and has a semiconductor factory in Vietnam.
Before Samsung's new R&D Center was inaugurated at the end of 2022, the Korean technology giant set up a research and development team in Vietnam in 2012, operating across the range of production facilities in Bac Ninh, Thai Nguyen and Hanoi.
(according to Vietnamplus)