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ARTICLE · 30 SEPTEMBER 2022

Semiconductor Production Industry - Best Place For Investment

Duane Morris LLP
Duane Morris LLP
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According to market research released by Technavio, the world's leading technology research and consulting company, the semiconductor market in Vietnam

VietnamStrategy

* Overview of the semiconductor production industry in Vietnam

According to market research released by Technavio, the world's leading technology research and consulting company, the semiconductor market in Vietnam is expected to grow by $1.65 billion at a compound annual growth rate, about 6.52% in the period of 2021 – 2025.

In fact, over the past 10 years, there have been many foreign enterprises investing in the field of microelectronics such as Intel Corporation, Jabil, Sonion, Datalogic, GES... in Ho Chi Minh City High-Tech Park.

The case of Intel:
In 2006: Intel invested USD 1 billion to build a state-of-the-art chip assembly and test production facility in Ho Chi Minh City's Hi-Tech Park.

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Disclaimer: This Alert has been prepared and published for informational purposes only and is not offered, nor should be construed, as legal advice. For more information, please see the firm's full disclaimer.

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