Asiatimes – Samsung, Intel, Amkor Technology and others pouring billions into Vietnam’s chip industry as China decoupling gathers pace
By PHAN LE And HAI THANH NGUYEN
NOVEMBER 16, 2022
Samsung’s plant in Thai Nguyen Province, northern Vietnam. Photo: Samsung
The CEO of Samsung Electronics met with Vietnamese Prime Minister Pham Minh Chinh and announced a US$850 million investment to manufacture semiconductor components in Thai Nguyen province on August 5, 2022.
The investment will make Vietnam one of only four countries – alongside South Korea, China and the United States – that produce semiconductors for the world’s largest memory chipmaker. Vietnam’s selection over more developed locations speaks volumes about the country’s rising importance in the semiconductor value chain.
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