Samsung to produce semiconductor parts in Vietnam next year

Core Tip: According to reports, Samsung Electronics 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 produce chips in Vietnam from mid-2023 and expand its component production in Vietnam.
On August 6, Samsung is strengthening its international supplier network and trying to expand its manufacturing operations in more countries.

According to Vietnamese media Lao Dong, earlier this week, Samsung Lu Taiwen met with Vietnamese Prime Minister Pham Minh Qin to prepare for the next thing.

According to reports, Samsung Electronics is preparing to open a new R&D center in Hanoi in the fourth quarter of 2022 or early 2023 at the latest, plans to produce chips in Vietnam from mid-2023, and expand parts production in Vietnam

The group is preparing the conditions for trial production of semiconductor chip grid products, which will be mass-produced at Samsung Electro-Mechanics Vietnam’s Thai Nguyen factory in July 2023; it is expected to open a research and development center in Hanoi by the end of 2022 and early 2023, which is also the reason why the group is not only targeting Vietnam. Moreover, about 85% of the R&D center for Southeast Asia has been completed.