The article discusses the potential of the Philippines in becoming a significant player in the semiconductor industry. While it's exciting to see such a prospect, I believe the country's focus should first be on strengthening its foundational tech infrastructure and nurturing local talent. Jumping into the semiconductor race might spread resources too thin and overlook critical areas like tech education and internet connectivity. Prioritizing these could lead to a more sustainable and inclusive growth in the tech sector. It's essential to build a strong base before aiming for the stars. https://lnkd.in/g_nr_-Ax
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🚀 𝗩𝗶𝗲𝘁𝗻𝗮𝗺, 𝗮 𝗥𝗶𝘀𝗶𝗻𝗴 𝗦𝘁𝗮𝗿 𝗶𝗻 𝘁𝗵𝗲 𝗦𝗲𝗺𝗶𝗰𝗼𝗻𝗱𝘂𝗰𝘁𝗼𝗿 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 Vietnam has become a significant hub for the semiconductor sector, now boasting 174 foreign-invested projects worth nearly $11.6 billion! Minister of Planning and Investment Nguyen Chi Dung highlights the country's commitment to fostering this industry through refined policies and strategic human resources development. Vietnam is actively engaging with tech giants like Qualcomm, Google, and NVIDIA, paving the way for exciting opportunities. A landmark agreement with NVIDIA will establish a research and development center and an AI data hub in Vietnam, promising to elevate the technological landscape in Vietnam. To succeed, Vietnam must focus on three pillars: effective policies, strong infrastructure, and a skilled workforce. Attracting global talent is crucial for our growth! Let’s work together to propel Vietnam into the heart of the global semiconductor supply chain! 🌐💡 #Vietnam #Semiconductor #FDI #Innovation #Technology #TechInnovation #SemiconductorIndustry #VietnamTech #DigitalTransformation #ResearchAndDevelopment #WorkforceDevelopment #TalentAcquisition #Industry4.0 #SmartManufacturing #GlobalInvestment #VietnamEconomy Source: https://lnkd.in/grq4a7HK
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🛠 𝗩𝗶𝗲𝘁𝗻𝗮𝗺 𝘁𝗼 𝗯𝗲𝗰𝗼𝗺𝗲 𝗸𝗲𝘆 𝗹𝗶𝗻𝗸 𝗶𝗻 𝘀𝗲𝗺𝗶𝗰𝗼𝗻𝗱𝘂𝗰𝘁𝗼𝗿 𝘃𝗮𝗹𝘂𝗲 𝗰𝗵𝗮𝗶𝗻 Vietnam is positioning itself to become a major player in the global semiconductor industry. The government is actively attracting foreign investment and sees a unique opportunity due to several factors: +𝗙𝗮𝘃𝗼𝗿𝗮𝗯𝗹𝗲 𝗲𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁 +𝗪𝗼𝗿𝗸𝗳𝗼𝗿𝗰𝗲 +𝗚𝗲𝗼𝗽𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹 𝗮𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲𝘀 +𝗘𝘅𝗶𝘀𝘁𝗶𝗻𝗴 𝗳𝗼𝘂𝗻𝗱𝗮𝘁𝗶𝗼𝗻 Vietnam recognizes the need to improve its infrastructure and develop its talent pool further to compete effectively. Overall, the country has a strong chance to become a major contributor to the global semiconductor industry by 2030. 🤝 𝗙𝗲𝗲𝗹 𝗳𝗿𝗲𝗲 𝘁𝗼 𝗰𝗼𝗻𝘁𝗮𝗰𝘁 𝗺𝗲 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗮𝗯𝗼𝘂𝘁 * Industrial parks in Vietnam * FDI investment in Vietnam * Semiconductor market and FDI status * Industrial insights * and simple a chat about what you may be interested in 📱 :+84 909 73 2524 📧 : thiendhh@cplusconsult.com
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Vietnam’s newly unveiled Semiconductor Strategy highlights three major advantages: 1. Strategic Location: Situated at the crossroads of the world’s leading semiconductor manufacturers—Korea, Taiwan, Japan, and China—Vietnam is ideally positioned to integrate into and influence the global supply chain. 2. Abundant Rare Earth Reserves: Holding 20% of the world’s rare earth resources, Vietnam has the materials crucial for semiconductor production, giving us a significant edge in the industry. 3. STEM Talent Pool: With a strong and growing base of STEM talent, particularly in the semiconductor field, Vietnam is equipped to meet the demands of cutting-edge innovation and production. These strengths make Vietnam an attractive destination for FDI, especially in our industrial parks, where we are ready to support and accelerate the growth of the semiconductor sector. https://lnkd.in/g2KhyHGw. #Vietnam #SemiconductorStrategy #StrategicLocation #RareEarthReserves #STEMTalent #FDI #IndustrialParks #GlobalTechHub
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Vietnam has unveiled an ambitious strategy to become a key player in the global semiconductor industry. Approved by Prime Minister Pham Minh on September 21, Decision No. 1018/QD-TTg outlines goals up to 2050. The plan focuses on five key areas: chip development, electronics industry growth, talent cultivation, investment attraction, and supportive infrastructure. By 2030, Vietnam aims to attract significant foreign investment, establish 100 chip design companies, one semiconductor manufacturing plant, and 10 packaging/testing facilities. The semiconductor industry is projected to generate over USD 25 billion in revenue annually, supported by a workforce of 50,000 engineers. Long-term targets include three manufacturing plants, 20 packaging/testing facilities, and USD 100 billion in semiconductor revenue by 2050. Challenges include power shortages, salary competitiveness, and infrastructure weaknesses, but Vietnam is positioned for substantial growth. Thanks again to TrendForce Corporation for the full article with more background and insights click the source link in the comments below 💡 🙏👇 #Semiconductors #Vietnam #Investment #FDI #TechDevelopment #CONNECT #COLLABORATE #COMMUNITY
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🔷 Vietnam's Semiconductor Industry: The Next Big Tech Hub! Vietnam is emerging as a key player in the semiconductor industry, with significant developments attracting global attention: 💡 What's Happening: • Vietnamese government is fully committed to fostering semiconductor growth • Emphasis on green technology, digital advancements, and AI integration • Former TSMC vice chairman recognizes Vietnam's immense tech potential 🌟 Why It's Hot Right Now: • Lucrative government incentives, including up to 5% equipment rebates • Ambitious goal to train 5,000 IC design engineers by 2030 • Strategic location providing access to thriving Asian markets • Collaboration between Korean tech experts and local talent 💪 Government Support Package: • 20% subsidy for hiring top industry talent • 50% support for training expenses • Attractive financing options for semiconductor projects • Exciting prospects with the upcoming Free Trade Zone in Da Nang! 🌆 🔍 Dive deeper into the details with our insightful blog posts: • Transforming Da Nang into a prominent semiconductor chip center Read more: https://lnkd.in/gEJhGQR3 • Approval for establishing a Free Trade Zone in Da Nang by the National Assembly Read more: https://lnkd.in/gtntPqK5 🤝 Are you ready to explore the flourishing opportunities in Vietnam's semiconductor sector? Let's connect! #vanphamllc #VietnamTech #Semiconductor #TechInvestment #Innovation #DaNang #BusinessOpportunity #GlobalTech #FutureOfTech #TechHub #AsianMarkets
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The U.S. wanted to knock down Huawei. It’s only getting stronger. Bolstered by billions of dollars in state support, Huawei has expanded into new businesses, boosted its profitability and found fresh ways to curb its dependence on U.S. suppliers. It has held on to its leading position in the global telecom-equipment market, despite American efforts to squeeze Huawei out of its allies’ networks. Communist China will continue to poor billions into supporting export over-manufacture of its own state industries, especially those with dual-use capabilities. If it can't dump these products in other countries to collapse the market for other manufacturers, it will give this stuff away and write off the costs under its 'espionage' budget. Thanks to the placement of Huawei, ZTE and other Chinese telecom products in poorer and gullible countries, the CCP already has great comms intelligence which is can use against the rest of the world.
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What is said is that in Huawei, if you report a superior for fudging data, you can get promoted by 2 ranks. I think this is a great thing to have, as most would expect issues to be swept under the carpet, sacrificing integrity and company culture in the process (actually seen it happen firsthand). This is probably why strong Chinese companies are expected to surge ahead and take over market share in many industries. There are companies that mean business and those that chant catchy slogans but don't walk the talk. https://lnkd.in/gSiqK_4i
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Talent - the most important factor for the semiconductor industry John Neuffer, President of the US Semiconductor Industry Association (SIA), emphasized Vietnam's potential in the semiconductor sector, particularly its government’s strategy to train 50,000 to 100,000 engineers. He highlighted the importance of prioritizing human resource development alongside infrastructure improvements. Neuffer underscored the significance of research and development (R&D) in driving innovation within the semiconductor industry. He praised Vietnam's advancements in telecommunications and energy while advocating for collaboration between US semiconductor companies and Vietnamese universities to enhance education and technical skills. To attract further investment, Neuffer advised Vietnam to improve its business environment by streamlining tariffs, strengthening intellectual property protections, and establishing a "one-stop" mechanism for foreign investments. He encouraged Vietnam to capitalize on its diligent workforce during this competitive investment period. #Semiconductors #Vietnam Want more analysis of major developments in AI, semiconductors, and cloud computing in Asia? Subscribe now to the Cognitive Asia newsletter--free of charge--at Substack https://lnkd.in/g4s6bqfi https://lnkd.in/gnsenUYr
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Why is Southeast Asia becoming a rising star in the global semiconductor landscape? Strategic location, favorable policies, and a growing talent pool are turning the region into a magnet for global investors. The Hoffman China team, in collaboration with Maureen Tseng, Managing Director of Southeast Asia, uncover the nuances of this transformation in the whitepaper: "Outside-In and Inside-Out: Semiconductor Brand Communication in Southeast Asia." Here are 4 takeaways for success in SEA’s semicon market: 1️⃣ SEA is not a single market. With 11 countries, 688M people, and 9 major languages, regional communication strategies must account for this diversity. 2️⃣ Relationships are key. In SEA, media thrives on personal connections, making face-to-face interactions invaluable. 3️⃣ Localization matters. A nuanced understanding of media, government, and cultural dynamics is essential. 4️⃣ Singapore serves as a regional gateway, offering connectivity and resources to engage broader SEA audiences effectively. Explore more in our whitepaper and unlock strategies to thrive in SEA’s semiconductor ecosystem. #TheHoffmanAgency #TechPR #Semiconductors #SoutheastAsia
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🌐📶6G - Sixth-Generation Wireless Technology (continued) ✅Who will bring 6G first? 🔘China - China has been at the forefront of 6G research since 2018. It launched a test satellite in 2020 to explore terahertz signal transmission. Companies like Huawei and ZTE are heavily involved in the country's 6G efforts. China plans to commercially launch 6G around 2029. #InsideTelecom #HomeofTechnologyNews 🔘United States - The US began its 6G research around the same time as China, with significant efforts from the Federal Communications Commission to open up higher frequency spectrums for experimental use. The Next G Alliance, including major companies like Apple, AT&T, and Google, is central to the US's 6G development strategy. #HomeofTechnologyNews 🔘South Korea - Known for its rapid technological advancements, South Korea aims to deploy 6G technology by 2026. Major corporations such as Samsung, LG, and SK Telecom are leading the research, backed by significant government investment. South Korea is also part of a 10-nation consortium focused on establishing global standards for 6G. #InsideTelecom #KoreaJoongangDaily #HomeofTechnologyNews 🔘Japan - Japan started its 6G research in 2020 with a target to launch by 2030. The government has allocated substantial funding towards this goal, involving companies like Sony, NTT, and Intel in its 6G initiatives. #HomeofTechnologyNews 🔘European Union - The EU's 6G efforts are spearheaded by Finland, with Nokia leading the Hexa-X project and the University of Oulu investing significantly in 6G research. Germany also plays a key role, with substantial investments in 6G research projects across Europe. #HomeofTechnologyNews #6G #Celluar #Wireless #Comminication #Technology #Innovation #ChinaTech #Huawei #ZTE #USTech #NextGAlliance #Apple #ATT #Google #SouthKorea #Samsung #LG #SKTelecom #KoreaTech #JapanTech #Sony #NTT #Intel #EUTech #Nokia #HexaX #UniversityOfOulu #GermanTech
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