Vietnam aims to negotiate with chip companies hoping to establish the country’s first semiconductor factory.

Vietnam is in talks with a group of chip manufacturers. Hoping to attract investors, he built the country’s first chip factory. After the historic upgrading of official relations between Vietnam and the United States in September.

This was stated by two business managers VietnamNegotiations are underway with a group of chip manufacturing companies. To encourage investment in Vietnam and possibly createChip manufacturing plantThe first in the country Even industry officialsUnited StateShe warned of rising costs.

Vietnam is currently home to a chip packaging and testing facility.SemiconductorsFrom all over the world, the largest is Intel, a major technology company from the United States. It is also home to software companies that design chips from all over the world. Vietnam is currently taking strategic steps to attract more investment in semiconductors. Including investment in production-focused foundrieschip

Vo Tu Thanh, head of the US-ASEAN Business Council’s office in Vietnam, revealed to Reuters news agency that Vietnam has held meetings with about six American chip companies in recent weeks. Including with chip factory operators, but the names of those companies were not revealed. Because the negotiations are still in their early stages.

One chip company executive who wished to remain anonymous said: Negotiating with potential investors, which is affiliated with the International Foundry Company. (GlobalFoundries), a US contract manufacturer, and a PSMC subsidiaryTaiwan

At the same time, the CEO of the aforementioned chip also mentioned that the goal of these negotiations is to build the first factory in Vietnam. It is very likely a factory for chips used in cars. Or for telecommunications use

The meeting followed the historic upgrading of official relations between Vietnam and the United States in September. That during the periodPresident Joe BidenFrom the United States visits Hanoi The White House said about Vietnam: It could be a major player in the global semiconductor chip supply chain.

The news source reported that Global Foundries attended the business summit during President Biden’s visit to Vietnam upon invitation. But since then the company has not expressed immediate interest in investing in Vietnam.

A Global Foundries spokesperson said: “We do not comment on rumors that arise in the chip market.”

PSMC did not respond to a request for comment from Reuters.

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