The packaging and testing plant marks the initial phase of the facility, machinery, and equipment project.
HANOI: South Korean semiconductor giant Amkor opened a new US$1.6 billion packaging factory in Vietnam on Thursday, as the Southeast Asian nation looks to cash in on the global rush for microchips.
Amkor president and chief executive officer Giel Rutten said the facility would help build the “secure and reliable supply chain our customers need”. During his visit to Hanoi last month, US President Joe Biden committed to helping the communist nation develop its capabilities and expand production. Investors have been encouraged to expand their operations with many preferential policies in place, Dung added.
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