US Officials Warn Of High Costs For Vietnam’s First Semiconductor Plant

Despite warnings about high costs from U.S. industry authorities, two business executives said that Vietnam is in talks with semiconductor giants

The largest semiconductor packaging and testing plant in the world, owned by American behemoth Intel (INTC.O)

The executive stated that the goal was to construct Vietnam’s first factory, probably for less sophisticated semiconductors

Meetings, according to industry representatives, are mostly intended to gauge interest and talk about prospective incentives and subsidies

According to Hung Nguyen, senior program manager for supply chains at University Vietnam in Hanoi

But vice president Robert Li of U.S. Synopsys (SNPS.O), a well-known chip design company with operations in Vietnam