Intel deepens engagement in Vietnam's semiconductor industry
Hanoi, May 14 -- Intel is stepping up its long-term commitment to Vietnam's semiconductor sector by expanding production in Ho Chi Minh City and investing in workforce training, reinforcing the country's role in the global tech value chain. According to the Saigon Hi-Tech Park (SHTP) management board, Intel has relocated part of its production line from Costa Rica to SHTP as part of its global manufacturing restructuring strategy aimed at improving efficiency and competitiveness. Intel Products Vietnam (IPV), based at SHTP, is currently the largest chip assembly and testing facility in Intel's global network. Operational since 2010 with an initial investment of 1 billion USD, the plant plays a key role in the corporation's semiconductor s...
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