Vietnam research center wins $60,000 chip-design contract from Japan

Jun 10th at 14:15
10-06-2015 14:15:31+07:00

Vietnam research center wins $60,000 chip-design contract from Japan

A Ho Chi Minh City-based chip-making research center, which had been trying to land its first outsourcing contract with a foreign company, had the last laugh after two years on Tuesday, when it closed a US$60,000 deal with a Japanese firm.

The Integrated Circuit Design Research and Education Center (ICDREC), under the Vietnam National University-Ho Chi Minh City (VNU-HCM), spent the last two years proving its chip-making ability with CM Engineering, and the Japanese firm was finally convinced.

The two signed yesterday an outsourcing contract in which the center will design the power supplies for chips made by CM Engineering.

“CM Engineering had been evaluating our ability, mostly that of the analog IC design division, before agreeing to place the order,” ICDREC deputy director Ngo Quang Vinh told Tuoi Tre (Youth) newspaper on the sidelines of the signing ceremony in the center’s office.

The contract, the first-ever deal the ICDREC inked with a foreign partner, is required to be fulfilled in a year, but the center wants to finish it in half that time.

Vinh said the contract with the Japanese firm proves the effectiveness of the center’s training program.

The deal also marks a new leap in cooperation between Vietnam and Japan in the field of chip making, paving the way for more quality products to be made by the center, an ICDREC representative said.

Vinh also revealed that the ICDREC is in talks with other foreign partners for more outsourcing contracts.

The ICDREC was established on August 8th, 2005 under a decision by the director of the VNU-HCM, one of Vietnam’s two largest university blocs. The center is located on the VNU-HCM campus in Thu Duc District.

The center targets to become a leader in training, research and transferring technology in the IC industry.

Also on Tuesday, the ICDREC concluded a training course in designing Analog+1 chip for 15 trainees, which will take the center’s total workforce to 125 engineers.

The course is part of the maiden training plan for the IC industry for the 2013-20 period of Ho Chi Minh City.

The plan seeks to train 2,000 engineers and technicians and establish a chip-making plant in the southern megacity by 2020.

The chip-making plant, which has been approved by the prime minister, is slated for construction at the Saigon Hi-Tech Park, the city’s tech hub, at a cost of VND6.6 trillion ($303.17 million), according to The Saigon Times Online.

tuoitrenews



NEWS SAME CATEGORY

MOIT, experts disagree on bauxite projects

The Ministry of Industry and Trade (MOIT) has said the Tan Rai and Nhan Co bauxite projects are highly efficient, but scientists say they will cause serious...

French firms to introduce medical advances

Nine French companies involved in developing medical technology will participate in two business conferences to be organised in Ha Noi and HCM City on June 16 and...

Viet Nam, Italy step up industrial co-operation

Several Italian industrial associations have shown their readiness to share their technology with Vietnamese partners in the production of leather shoes, garments...

Work on $25m measuring instruments plant begins

Japanese Aichi Tokei Denki Co,. Ltd has begun the construction of a US$25-million plant making measuring instruments at Trang Due Industrial Park in the northern...

India, VN eye leather business co-operation

An Indian delegation comprising executives from six major leather companies that supply the footwear, furniture and automotive industries met around 20 Vietnamese...

MoIT seeks gov't nod for more coal exports

The Ministry of Trade and Industry has asked the Government to allow coal exports to solve inventories, said an official with the ministry's Power Department.

PM approves incentives for new microchip plant

Prime Minister Nguyen Tan Dung has agreed in principle to permit Saigon Industry Corporation to build a chip making factory worth VND6.6 trillion (US$309 million).

Energy prices low on FDI radar

Viet Nam's energy prices, including the possibility of their rising in coming years, are not a major factor in foreign investors' decision-making, a new study says

Fertiliser plants set for revamp

PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) yesterday signed the EPC Contract (Engineering, Procurement, Construction and Commissioning) with an...

PetroVietnam achieves "satisfactory" results

Despite sharp declines in crude oil prices, the Viet Nam Oil and Gas Group (PetroVietnam) achieved satisfactory production and business results during the first...


MOST READ


Back To Top