Samsung Electronics plans a $4 billion investment to build a chip packaging plant in northern Vietnam’s Thai Nguyen province, expanding its presence as the country’s largest foreign investor. The project will be rolled out in phases, starting with a $2 billion investment. Vietnam’s finance ministry confirmed discussions on a memorandum of understanding with Samsung. The investment aligns with the growing demand for chips used in AI-driven gadgets and data centers, further strengthening Samsung’s

2026-04-09

Samsung Electronics plans a $4 billion investment to build a chip packaging plant in northern Vietnam’s Thai Nguyen province, expanding its presence as the country’s largest foreign investor. The project will be rolled out in phases, starting with a $2 billion investment. Vietnam’s finance ministry confirmed discussions on a memorandum of understanding with Samsung. The investment aligns with the growing demand for chips used in AI-driven gadgets and data centers, further strengthening Samsung’s long-standing operations in Vietnam.

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