Vietnam is holding talks with chips companies with the aim of boosting investment in the country and possibly building its first chipmaking plant, or fab, two business executives said, despite warnings from U.S. industry officials about high costs.
largest semiconductor packaging and testing plant worldwide and is home to several chip designing software firms. It is working on a strategy to attract more semiconductor investment, including from foundries, which focus on manufacturing chips.
A chip executive, who declined to be identified because he was not allowed to talk to media, said talks with potential investors have involved U.S. contract manufacturer GlobalFoundries "We do not comment on market rumors," a GlobalFoundries spokesperson said when asked about subsequent contacts. PSMC did not reply to a request for comment.
The Vietnamese government has said it wants its first fab by the end of this decade and on Monday said chip companies would benefit from "the highest incentives available in Vietnam".to build fabs with imported equipment, Hung Nguyen, senior program manager on supply chains at Hanoi's University Vietnam, told Reuters., a leading chip design firm with operations in Vietnam, urged the government to "think twice" before doling out subsidies to build fabs.
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