Get the latest tech news

Local and foreign chip manufacturers flee China, expand in Vietnam — companies move to Southeast Asia as US-China tensions simmer


Is Vietnam the next semiconductor superpower?

Hana Micron, a South Korean firm specializing in assembly, testing, and packaging (ATP) of semiconductors, is expanding its presence in Vietnam after some of its customers requested the company move production away from China. Because of this, Reuters reports, the company is investing 1.3 trillion South Korean Won (approximately $923.5 million) for the next couple of years to boost its packaging output of legacy memory chips. Beijing and Washington trade words and sanctions over global and regional strategic goals, including a race in semiconductor manufacturing and AI technologies.

Get the Android app

Or read this on r/technology

Read more on:

Photo of Vietnam

Vietnam

Photo of China

China

Photo of Southeast Asia

Southeast Asia

Related news:

News photo

TikTok and its owner ramped up their hiring from China, even as Congress raised national security concerns

News photo

China’s Geely in Talks for Control of Flying Taxi Startup Volocopter

News photo

China Displays New Stealth Fighter in Race To Match US