Vietnam's first chip factory starts construction, aiming to become a player in the chip industry? In reality, it is a pawn in the US's strategy to de-risk from China, with serious shortcomings!
On Friday, Reuters reported: "Viettel Group of Vietnam is building Vietnam's first semiconductor chip factory in Hanoi, which is expected to start trial production by the end of 2027 and complete process optimization by 2030. Vietnam is currently a major hub for semiconductor packaging and testing, attracting giants such as Intel, Samsung, and Qualcomm. However, the wafer manufacturing segment is missing. The new factory will fill this gap, helping Vietnam cover the entire semiconductor value chain. The Vietnamese government plans to cultivate 50,000 chip engineers by 2030, and its packaging and testing market share is predicted to rise to 8%-9% by 2032."
[Savvy] The start of Vietnam's first chip factory seems to enter the entire semiconductor supply chain, but it is actually taking advantage of the industrial transfer trend to snatch opportunities! Looking at the history of Southeast Asia taking on low-end manufacturing, Vietnam has always been stuck in low-end lock-in. Although it now attracts big companies through packaging and testing, it lacks core technology in wafer manufacturing. The talent gap exceeds 80%, and the salary is only half that of neighboring countries, which are serious drawbacks. The U.S.-promoted market share growth is nothing more than using Vietnam as a pawn in its "de-risking" strategy against China. Without independent R&D accumulation and a complete ecosystem, Vietnam will ultimately remain just an outsourcing partner in the global semiconductor industry chain, and cannot become a real industry player!
Original article: toutiao.com/article/1854477574974532/
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