Samsung to invests new factory in Vietnam

Samsung Electronics plans to significantly expand its semiconductor manufacturing operations in Vietnam. This was reported by Zamin.uz.

According to official documents reviewed by international news agencies, the South Korean technology giant will invest nearly one and a half billion dollars to build a new complex specializing in the testing of memory chips. This large-scale project will serve to further strengthen the company's strategic position in the region.

The new industrial facility is being constructed in an area approximately sixty kilometers north of the country's capital, Hanoi. According to the plan, the enterprise will be fully operational by the end of 2027.

It is worth noting that this project will be Samsung's first plant in Vietnam operating specifically in this field. The plant will test fast and permanent memory chips required for modern smartphones, laptops, cars, and various other electronic devices.

Today, as a result of the rapid development of artificial intelligence technologies, major manufacturers are primarily mobilizing their capacities to prepare components for high-tech servers. This situation has led to a shortage of simpler chips intended for daily needs in the global market.

Once the new plant is operational, it will be possible to test and quality-assure a huge volume of memory devices annually. This will play a crucial role in meeting demand in the global market.

The Vietnamese government officially approved this investment project in the spring of this year. Furthermore, the South Korean company intends to expand its operations further in the future.

According to reports, Samsung may spend up to another two and a half billion dollars to build a second large enterprise by reinvesting its profits. Such steps are aimed at maintaining the company's leadership in the semiconductor market and ensuring the stability of the production chain.