US tech giant Intel seeks more partners to develop semiconductor ecosystem in Vietnam
US tech giant Intel seeks more partners to develop semiconductor ecosystem in Vietnam
Intel’s chip manufacturing plant in Vietnam currently boasts 600 local partners, and the company is now looking to expand this network to develop a robust semiconductor ecosystem in the Southeast Asian nation.
Dr. Naga Chandrasekaran, executive vice-president, chief technology and operations officer, and general manager of Intel Foundry, speaks at a strategic parts supplier summit in Ho Chi Minh City, April 1, 2025. Photo: Binh Nguyen |
“Since the establishment of Intel Vietnam in 2006, the company has invested significantly in building a local supply chain network. Until now, it has collaborated with 600 partners,” Dr. Naga Chandrasekaran, executive vice-president, chief technology and operations officer, and general manager of Intel Foundry, said at a strategic parts supplier summit in Ho Chi Minh City on Tuesday.
Dr. Chandrasekaran revealed that the Intel Vietnam plant is on track to reach four billion units shipped in April, a key milestone that underscores the plant’s vital role in Intel’s global operations.
He also affirmed the company’s commitment to supporting the development of Vietnam’s semiconductor supply chain.
“We are dedicated to advancing the semiconductor ecosystem in Vietnam," said Dr. Chandrasekaran.
“We recognize and deeply appreciate the Vietnamese government’s efforts to enhance infrastructure, facilitating the growth and expansion of the semiconductor industry."
The event was attended by many leading local and international semiconductor component suppliers, as well as other industry manufacturers.
The summit aimed to spur investment and innovation, positioning Vietnam as a key player in the hi-tech sector.
“With 40 suppliers in attendance, the summit reaffirmed Intel and America's commitment to building a strong local semiconductor supply chain,” said Susan Burns, U.S. Consul General in Ho Chi Minh City.
This served as a prime example of how public-private collaboration could drive growth within the domestic supply chain and support Vietnam’s hi-tech aspirations, she stressed.
Dr. Chandrasekaran emphasized that through the event, the firm wished to create a platform to offer more opportunities to suppliers, and promote workforce development and innovation, all of which were crucial for the growth of Vietnam’s semiconductor ecosystem.
Nguyen Ky Phung, head of the Saigon Hi-Tech Park management board, encouraged Intel Products Vietnam to continue its efforts in supporting and training high-quality human resources, developing a successful network of business connections within the supply chain, and strengthening collaboration with state agencies to create a conducive environment for businesses to thrive.
One of the standout features of the relationship between the United States and Vietnam was their partnership in the semiconductor and hi-tech industries, said Burns.
She emphasized that the U.S. has a strong commitment to supporting the development of Vietnam's semiconductor and hi-tech sectors, while American businesses active in Vietnam such as Intel are working to meet the commitment.
- 12:39 02/04/2025
