Chipmakers Flee China, Shift to Vietnam Amid US-China Heat

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The story "Chipmakers Flee China, Shift to Vietnam Amid US-China Heat" was covered 18 hours ago by Asia Financial, a news publisher based in Hong Kong.

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Chipmakers Flee China, Shift to Vietnam Amid US-China Heat - Asia Financial

Quick Summary:

The back-end segment of the chip industry, involving testing, assembly and packaging, is booming in Vietnam as companies shift away from China

The post Chipmakers Flee China, Shift to Vietnam Amid US-China Heat appeared first on Asia Financial.

Viettel, a state-owned defence and telecoms company, plans to build Vietnam’s first foundry, two company sources said, to meet the government’s ambitious goal of having at least one fab online by 2030.