South Korea's Hana Micron to invest $1bn in Vietnam chip production

Samsung supplier begins moving equipment into new plant as Hanoi courts chipmakers

20231002 Vietnam chips

Vietnam is courting global chipmaking companies after years of stalled attempts to grow its semiconductor industry. (NIKKEI montage/Source photos by AP and Getty)

LIEN HOANG, Nikkei staff writer

HO CHI MINH CITY -- Hana Micron plans to pour $1 billion into chip production in Vietnam by 2025, the latest in a wave of semiconductor investments flooding into the communist country.

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