All data are based on the daily closing price as of May 24, 2024

Hana Micron Invests $1 Billion in Vietnamese Chip Production

South Korea
Share this on

South Korean semiconductor manufacturer Hana Micron is earmarking $1 billion for chip production in Vietnam by 2025. The move follows a trend of global chipmakers diversifying supply chains. Bac Giang province, known for hosting major Apple suppliers, will house Hana Micron’s new factory. However, Vietnam grapples with skill and infrastructure gaps. Hana Micron, set to employ 4,000 people, aims to collaborate with Vietnam-Korea Industrial Technical College for recruitment. The development aligns with the government’s socioeconomic goals for the region.

Share this on
Jakota Newsletter

Stay ahead in the JAKOTA stock markets with our roundup of vital insights

Icon scroll to top