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Samsung to start producing semiconductor parts in Vietnam in 2023

Update time : 2022-08-08 16:52:49

According to media sources, Samsung is preparing to open a new R&D center in Hanoi in the fourth quarter of 2022 or early 2023 at the latest, and plans to start producing chips in Vietnam from the middle of 2023 to expand its parts production work in Vietnam.
It is reported that Samsung is preparing the trial production conditions for semiconductor chip grid products, which will be mass produced at Samsung Electro-Mechanics Vietnam Thai Nguyen factory in July 2023; it is expected to open an R&D center in Hanoi by the end of 2022 and early 2023.
According to Vietnamese media Lao Dong, Samsung's TM Roh and Vietnam's Prime Minister met to discuss recent socio-economic development and foreign affairs. Samsung is reportedly preparing to open a new R&D center in Hanoi by the fourth quarter of 2022 or early 2023 at the latest.
In addition to supporting the new R&D project in Hanoi, Samsung Electronics reportedly plans to expand its parts production in Vietnam. This is because the world's largest memory chip maker has further diversified its manufacturing and the U.S., China and other large countries are competing to master its technology supply chain.
In February 2022, Samsung increased its investment by $920 million in Vietnam, home to half of its global smartphone production, to produce circuit boards, camera modules and other components, according to the thai nguyen provincial government. And a certificate has been granted to Samsung Electro-Mechanics Vietnam to increase its capital to $2.27 billion, with the additional investment going toward manufacturing mobile components including touch sensor modules, linear motors and lenses.

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