Amkor Technology inaugurates factory in Bac Ninh province
The Republic of Korea's Amkor Technology, Inc., a global semiconductor packaging and test service provider, inaugurated its factory in Bac Ninh province on October 11.
Amkor Technology Vietnam, located at Yen Phong II-C with a total investment of US$1.6 billion by 2035, is one of the largest semiconductor manufacturing plants in Vietnam.
The initial phase, with a total investment of US$520 million, focuses on providing advanced system-in-package (SiP) assembly and testing solutions, according to the group.
The group said the factory is among its most advanced facilities worldwide, which will boost the formation and development of Vietnam's semiconductor ecosystem. The factory may provide employment to around 10,000 workers once full capacity is reached.
Secretary of the provincial Party Committee Nguyen Anh Tuan said the province considers Amkor's project a key milestone, which marks the beginning of a new tech project investment wave for Bac Ninh.
