01/11/2023
Vietnam's path to becoming a semiconductor industry leader
With the current political and economic climate, Vietnam has a lot of chances to grow its semiconductor chip sector and become a player in the global value chain. Experts agree that the most pressing issue now is the need for a plan to train workers to meet business needs and the absence of regulations to entice investors and talent in preparation for a market that might reach $1 trillion by 2030. The contemporary computer owes its very existence to semiconductor microchips. Chips and microcircuit systems are essential to functioning a wide variety of consumer electronics, including vehicles, phones, computers, TVs, aircraft, robots, medical equipment, and other electrical items found in the home. The semiconductor industry's "big guys" have entered a new market: Vietnam With its improved reputation and political stability, Vietnam is now in a better position to entice leading semiconductor technology companies from around the world. A facility in Bac Ninh province will manufacture, assemble, and test semiconductor materials and equipment, and Amkor Technology Group (Korea) is investing quickly in it so that trial production may start by the end of October. Yen Phong II-C Industrial Park is home to a state-of-the-art semiconductor factory project that will set a new record for Amkor's global footprint at an estimated 1.6 billion USD. Similarly, in 2023, Samsung conducted the first round of the GSAT (Global Samsung Aptitude Test) hiring test to assist with the R&D Center (Hanoi) operations and the factory's ambitions to manufacture transistor grids. Samsung Electro-Mechanics Vietnam (SEMV) is based out of Thai Nguyen. More than $2.6 billion is the capital of the project in issue. At the same time, Vietnamese operational firms are constantly broadening the reach and placement of their projects. For example, the Japanese conglomerate Meiko Group has recently contacted the provincial government of Hoa Binh with an offer to spend over $200 million USD in a factory on the left bank of Song Da Industrial Park that would manufacture a variety of electronic circuits. This consortium of electrical circuit board producers and assemblers made their initial investment in 2006 with a total of over 500 million USD. Currently, they have three factories that make and put together circuit boards for electrical devices. On the other hand, Intel spent more than a billion dollars in Vietnam, and their factory there is still quite important to the company's output. Importantly, reliable sources have revealed that this American semiconductor firm is considering seeking more capital in order to broaden the scope of its project at the SHTP in Ho Chi Minh City. Together, the investments of Qualcomm, Texas Instruments, NXP Semiconductors, SK Hynix, and Hayward Quartz Technology—among other multinational companies—in the Vietnamese semiconductor business create an ecosystem of more specialized chips. Along with the influx of foreign direct investment (FDI), Vietnam is seeing an increase in high-quality, value-added investment projects. Because of its ability to host chip testing, design engineer training, and the construction of facilities for the production of semiconductor materials and components, Vietnam is a popular destination for investors seeking to launch a semiconductor industry. The design stage is highly appreciated and considered vital in the semiconductor business; Vietnam is attracting large-scale investment in chip design. What makes Vietnam so appealing? The global chip, component, and semiconductor manufacturing sectors have been plagued by supply chain difficulties following the COVID-19 epidemic. Vietnam is one of several nations benefiting from the reorganization of production chains brought about by this climate; many of the world's top chip firms have set up shop in Vietnam. Infineon Technologies Asia-Pacific President and CEO Mr. CS Chua claims that Vietnam's young population and large population (almost 100 million) make the country a promising market, rising to prominence as a top destination for technical talent recruitment by international corporations. There are a number of benefits to entering the semiconductor industry in this economy of almost 100 million people, such as a large and young population and an increasing supply of skilled individuals in the electronics industry. Thanks to its low labor costs and strategic position in Southeast Asia, Vietnam provides a climate that is favorable to business. The Vietnamese government is enticing international investment and commerce while it adjusts the legal framework to match global standards. On the other hand, Vietnam is home to a vibrant group of local entrepreneurs who are both ambitious about the country's future and open to new ideas and experiences. Steps to join the multibillion-dollar industry Growing demand for semiconductor chip goods in many different sectors is driving rapid market expansion. These sectors include healthcare, AI, automobile production, electronics, and home appliances. The American Semiconductor Industry Association predicts that by 2030, the worldwide market for semiconductor chips will have grown to 1,000 billion USD. The projected sales amount is now approximately 600 billion USD. Thus, by entering the international semiconductor industry, Vietnam will have access to markets that might be worth billions of dollars. Because of the semiconductor industry's growing importance to the world economy, most developed countries have instituted policies to boost the industry while strengthening their links to other countries in an effort to become the industry leaders. Vietnam has risen to the ninth-highest position in the world for electronics exports. Due to the country's present strengths, big tech corporations plan to boost semiconductor component production in Vietnam, which could make it the world's leading chip design and manufacturing hub. According to experts, Vietnam's semiconductor industry has a great deal of untapped potential for growth and international participation. In order to achieve this goal, Vietnam must overcome many obstacles, such as creating a favorable environment for businesses, allocating funds for research and development, collaborating with international partners, and establishing a domestic supply chain. Hardware by TMA Creating the Path for Progress in the Semiconductor Sector When it comes to providing cutting-edge hardware integration solutions, TMA Hardware Lab is now at the forefront. This forward-thinking lab has developed, integrated, and tested hundreds of devices in the Internet of Things (IoT), telecommunications, healthcare, robotics, manufacturing, and smart city applications. Mastery of Technical Areas TMA Hardware Lab's backbone consists of over 200 embedded engineers with a combined depth of expertise. This expert team's dedication to accuracy and quality is evident in the flawless integration of more than 100 devices. Full Range of Services Design, testing, integration, and maintenance are just a few of the many services offered by TMA Hardware Lab. The team has a deep understanding of the significance of maintaining optimal hardware performance and provides customized solutions to address their client's unique requirements. The team's deep understanding of current technology allows them to provide comprehensive project management and top-tier hardware services. Various Technology The Hardware Lab's expertise includes a number of technologies, including chipsets from companies like ESP, Raspberry, NXP, STM, and PIC. They are experts in hardware design, using programs like Altium, Kicad, and OrCA. They are also experts in microcontroller units like ESP32, NXP32, STM32, and PIC32. They are experts in power electronics (including Boost, Flyback, and BLE topologies) and the Internet of Things (IoT), which includes LoRaWAN, WiFi-6, and Wi-Fi HaLow. Maximizing Efficiency through the Use of Hardware Their method relies heavily on hardware integration, which gives companies a bird' s-eye view of the whole production cycle. This method, which improves workflow efficiency and management, demonstrates TMA Hardware Lab's dedication to providing state-of-the-art solutions. The Hardware Lab at TMA Solutions is still a major player in this age of rapid technological development. It helps to pave the way for new innovations and determines the direction the semiconductor industry will take. When it comes to hardware innovation, no one does it better than TMA Hardware Lab, thanks to its outstanding team and relentless pursuit of perfection.
Read more