Samsung Electronics plans a $4 billion investment to build a chip packaging
plant in northern Vietnam’s Thai Nguyen province, expanding its presence as the
country’s largest foreign investor. The project will be rolled out in phases,
starting with a $2 billion investment. Vietnam’s finance ministry confirmed
discussions on a memorandum of understanding with Samsung. The investment aligns
with the growing demand for chips used in AI-driven gadgets and data centers,
further strengthening Samsung’s long-standing operations in Vietnam.
