SEOUL/HO CHI MINH CITY -- Samsung Electronics launched a $220 million research and development center in Hanoi on Friday, planning to make Vietnam the company's key global strategic base, as the Southeast Asian country already produces half of the South Korean tech giant's smartphones.
Supply Chain
Samsung increases bet on Vietnam with $220m R&D hub
Chairman Lee attends ceremony to show commitment to Southeast Asian country
Samsung Electronics envisions its just-opened R&D center in Vietnam as a global strategic base. (Photo courtesy of Samsung Electronics)
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