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Update news semiconductor
The global chip race is heating up, and Viet Nam should be able to raise its position on the global semiconductor manufacturing map as some leading corporations are investing in chip production in the country, local economists said.
High-tech investment is making a splash in Vietnam’s economic landscape, and so the country is emerging as the destination for semiconductor manufacturers, where local players are seemingly leading the way.
While the shortfall of semiconductor chips is affecting the performance of Vietnamese telecoms giants, higher targets have been set with prospects driven by growing digital transformation demands on a local level.
Samsung Electronics’ plan to manufacture semiconductor products in Vietnam has sparked the hope that the Southeast Asian nation will be a new stop for the semiconductor industry.
VietNamNet Bridge – HCM City authorities once vowed to make the semiconductor industry a key part of the economy, but no significant action has been taken recently.