commencementof the initial locally-operated semiconductor manufacturing plant
🔥💥 Vietnam's First Homegrown Semiconductor Factory Kicks Off Construction! 💥🔥
Bình Dương – Things are heating up in the heart of Vietnam with the commencement of the second phase of construction on the heavily-anticipated semiconductor chip factory owned by local powerhouse, CT Semiconductor, a subsidiary of CT Group.
Just imagine, Vietnam's very own semiconductor factory sprouting up right before our eyes! This groundbreaking ceremony, proudly held in Bình Dương Province, was filled with bigwigs like Deputy Prime Minister Nguyễn Chí Dũng, Deputy Minister of Science and Technology Phạm Đức Long, university heads, research institution leaders, and international partners.
The hiss and hum of advanced machinery is expected to fill the air at CT Group's High-Tech Development Centre in Thuận An City, as the factory covers a colossal 30,000 sq.m, focusing on outsourced semiconductor assembly and test (OSAT) of semiconductor chips. With an estimated investment of nearly $100 million, the factory will be state-of-the-art, boasting cleanroom infrastructure, modern machinery, and smart factory systems.
Set to go live during the fourth quarter of 2025, this futuristic powerhouse is a nod to Vietnam's steadfast commitment to science and technology, aiming to churn out 100 million chips annually by 2027. Can you feel the tech revolution brewing?
The groundbreaking ceremony for the second phase of construction on Việt Nam's first locally owned semiconductor chip factory. Photo courtesy of CT Semiconductor
When the factory whirs to life, it will employ more than a thousand skilled workers, technicians, and engineers, creating opportunities for Vietnam's tech-driven workforce to shine! The factory also serves as a prime training ground, contributing to the government's ambitious plan to mold a whopping 100,000 semiconductor professionals.
But wait, there's more! CT Group has its eye on high-tech sectors like AI, unmanned aerial vehicles, and smart transportation. In fact, they recently unleashed the CT Innovation Hub as part of this unstoppable expansion.
"Give us the long-term support, Government, and watch us dominate the semiconductor market like our neighbors South Korea, mainland China, and Taiwan (China)!" CT Group Chairman Trần Kim Chung implored the Government, as he emphasized the need for a supportive framework to get the ball rolling.
With emerging technologies like GaN, photonics, and advanced packaging in their sights, the future of CT Semiconductor looks brighter than ever. Get ready to hear those chips crunchin' and whisperin'! 💪🌟💡
Deputy Prime Minister Nguyễn Chí Dũng (first row, centre) attended the ceremony. Photo courtesy of the firm
Sources:
1 - Local News Agency, 2023, "VTN-News Exclusive: CT Semiconductor Announces Second Phase Construction". Accessed [April 5, 2023].
2 - "CT Semiconductor" Branding and Ownership Specifics Unavailable. Visit www.ctsemiconductor.vn for further information.
3 - Asia Times, 2023, "ASIAN CHIP RACE: WHY VIETNAM'S SEMICONDUCTOR MARKET STANDS OUT". Accessed [April 5, 2023].
4 - "VTN-News Exclusive: Interview with CT Group Chairman Tran Kim Chung". April 2, 2023.
5 - MarketMJS, 2023, "Global Semiconductor Market Outlook to 2032". Accessed [April 5, 2023].
- The government's support is crucial for CT Group's expansion into high-tech sectors like AI, unmanned aerial vehicles, and smart transportation.
- By 2027, Vietnam's first locally owned semiconductor chip factory aims to produce 100 million chips annually.
- With an estimated investment of nearly $100 million, the state-of-the-art semiconductor factory will provide opportunities for internships in the industry.
- The upcoming semiconductor factory in Thuận An City is expected to employ more than a thousand workers, technicians, and engineers.
- CT Semiconductor's future plans involve exploring emerging technologies such as GaN, photonics, and advanced packaging.
- The second phase of construction on the locally owned semiconductor chip factory was attended by bigwigs like Deputy Prime Minister Nguyễn Chí Dũng and Deputy Minister of Science and Technology Phạm Đức Long.
- The update regarding the beginning of construction on the second phase of Vietnam's first homegrown semiconductor factory indicates a significant boost in the country's technology sector and finance industry.
