Stay updated with breaking news from Robert Li. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Despite warnings from U.S. industry officials about high costs, Vietnam is holding discussions with chip companies on possibly building its first chipmaking plant, also known as a "fab"
The Southeast Asian electronics manufacturing hub already hosts US giant Intel's largest semiconductor packaging and testing plant worldwide and is home to several chip designing software firms. It is working on a strategy to attract more semiconductor investment, including from foundries, which focus on manufacturing chips.
Vietnam is already strong, such as assembling, packaging and testing semiconductors. Read more at straitstimes.com.
Vietnam is currently in discussions with major chip companies to boost investments in the country, potentially leading to the establishment of its first semiconductor
Semiconductor: Meetings with half a dozen US chip firms took place in recent weeks, including with fab operators, Vu Tu Thanh, head of the Vietnam office of the US-ASEAN Business Council, told Reuters. He declined to identify the firms because talks were still at a preliminary stage.