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News says Intel has decided to shelve Vietnam's investment plan
2023-11-09

Currently, Vietnam has Intel's largest chip assembly, packaging, and testing factory. In February of this year, it was revealed that Intel plans to add $1 billion worth of investment in Vietnam to enhance its chip cluster effect in Vietnam. However, the latest news indicates that Intel has shelved its new investment plan in Vietnam.


Sources told the media that Intel made this decision around July and did not provide detailed reasons. But another source involved in a meeting between US companies and the Vietnamese government pointed out that Intel is concerned about the stability of Vietnam's electricity supply and excessive bureaucracy.


搜狗高速浏览器截图20231109130441


Vietnam has become an increasingly important part of the global technology supply chain, and companies such as Apple and Samsung are seeking to diversify their production through Vietnam. As more and more investment capital flows into Southeast Asian countries, Vietnam is gradually expanding its influence in the global supply chain.


Intel's decision is undoubtedly a major blow to Vietnam's ambitious chip development plan. The Vietnamese government has been seeking to expand the scale of the chip industry in recent years, aiming to introduce well-known chip manufacturers. In addition to packaging and other back-end processes, it also hopes to make breakthroughs in front-end processes such as chip manufacturing, achieving the goal of producing semiconductors locally.


According to public information on Intel's official website, there are currently four assembly/testing factories worldwide, located in four countries: China, Vietnam, Malaysia, and Costa Rica. As early as 2010, Intel invested approximately $1 billion in Vietnam and established the world's largest chip assembly, packaging, and testing plant.


As Intel withdrew from its investment plan, people began to question Vietnam's global competitiveness, which may pose greater challenges to Vietnam's chip industry development.


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