tech
Samsung Plans $1.5 Billion Chip Testing Plant in Vietnam, Document Shows: Reuters
The new factory, for which construction has already begun in an industrial park 37 miles north of Hanoi, is slated to start operations in November 2027.
TL;DR
- Samsung Electronics plans to invest $1.5 billion in Vietnam for a new semiconductor testing plant.
- Construction has begun in an industrial park north of Hanoi, with operations scheduled to start in November 2027.
- The new factory will be Samsung's first chip testing plant in Vietnam and will focus on legacy chips.
- This expansion aims to address the global shortage of memory chips, influenced by surging AI demand.
- The plant will have an annual capacity for 153.3 billion gigabits of DRAM and 255.6 billion Gb of NAND memory chips.
- Samsung intends to reinvest profits for a potential second factory.
- Samsung is already the largest foreign investor in Vietnam with over $23 billion committed.
- Vietnam is a significant hub for the global semiconductor back-end industry, hosting other multinational players like Intel.