Semiconductor groups go all-out with local investment
Vietnam’s semiconductor potential is being bolstered by the development of manufacturing complexes and related capabilities.
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Vietnam’s semiconductor potential is being bolstered by the development of manufacturing complexes and related capabilities.
From humble roots in Taiwan, the tech giant is on track to have factories across the globe.
Since the end of the Second World War, the US has been the 800-pound gorilla of the world economy – the largest in monetary terms, the largest producer, the largest innovator, the largest financial market. That dominance has been challenged in the last couple of decades, with the rise of China to become the world’s second-largest economy, the expansion of Taiwan’s semiconductor chip industry to global leadership, the ingenuity of South Korean tech firms – especially in AI, and the expansion of I
Prime Minister Narendra Modi has championed the push into semiconductors, including with a $10 billion fund unveiled nearly two years ago to draw chipmakers. More broadly, he has outlined ambitions to create a robust tech manufacturing sector — dubbed “Make in India” — that has already drawn investments from Apple Inc. suppliers.
Samsung Electronics plans to continue reducing memory chip production while expecting a rebound in sales in H2 2021 due to increased global tech spending driven by demand for AI technologies.