Top U.S. semiconductors and digital companies including Intel, GlobalFoundries and Google are expected to attend a business meeting on Monday in Hanoi as President Joe Biden visits Vietnam to boost ties, two people familiar with the plan said.
are among expected attendees, according to a partial list that a person familiar with the plans discussed with Reuters.The second person familiar with the plans confirmed the presence of several large U.
S. chips companies, including Amkor, their Vietnamese partners, such as tech company FPTSemiconductors are expected to be a focal point during Biden's visit to Hanoi on Sunday and Monday, U.S. administration officials said, as the White House seeks to formally elevate relations with the former foe. The roundtable has not been announced, and it is unclear whether announcements will be made by any of the companies attending the meeting, which one of the sources said would involve about 30 top executives and officials.Intel has a $1.5 billion factory in southern Vietnam for assembling, packaging and testing chips, the biggest in its global network, and has hadAmkor is building near Hanoi "a state-of-the-art mega factory for semiconductor assembly and testing," Treasury Secretary Janet Yellen said on a visit to Hanoi in July. The company has dozens of open positions on its Vietnam web page.U.S. officials have repeatedly said that assembling and designing were the segments of the chipmaking industry where Vietnam was likely to grow faster, although aVietnam has also ambitions to build its own chipmaking factories, or fabs. GlobalFoundries is specialised in making integrated circuits on wafers for smartphones, cars and other applications.An executive at a major U.S. chips firm said the Vietnamese government had been holding meetings with most major chips companies in the country, including Intel, Samsung
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