In recent years, with the continuous adjustment of the global supply chain layout, Vietnam is rapidly emerging as an emerging powerhouse in the field of semiconductor assembly and test (OSAT). The country has not only formulated a clear development strategy, but also attracted major global semiconductor companies, including Amkor, Intel and Samsung, to increase their layout, and gradually build a packaging and testing industry ecosystem with Bac Ninh Province as the core.
Clarify the development blueprint and anchor the dual goals of 2030 and 2050
According to the "Semiconductor Development Strategy" issued by the Vietnamese government, by 2030, Vietnam will strive to achieve the following goals: establish at least 100 chip design enterprises, a small-scale chip manufacturing factory, and 10 packaging and testing factories, promote the annual output value of the semiconductor industry to exceed 25 billion US dollars, and drive the electronics industry to achieve an annual output value of more than 225 billion US dollars. In the long term, by 2050, this goal will be expanded to 300 design companies, 3 manufacturing plants and 20 packaging and testing plants, and the annual revenue of the semiconductor industry is expected to exceed 100 billion US dollars.
This strategy not only covers the introduction of foreign-funded enterprises, but also encourages the independent construction of local manufacturers, and strives to achieve the two-wheel drive model of "introduction + self-development".
The second phase of CT Semiconductor started construction, and the local packaging and testing strength began to appear
In terms of local enterprises, CT Semiconductor, a subsidiary of CT Group Vietnam, has started the second phase of construction of its semiconductor packaging and testing plant in Thuan An City, Binh Duong Province, which is expected to start production in the fourth quarter of 2025, and plans to achieve the goal of producing 100 million chips per year by 2027.
It is reported that the total investment of the project is close to 100 million US dollars, covering the construction of clean rooms, the procurement of key equipment and the construction of smart factory systems. Industry insiders pointed out that the factory is Vietnam's first fully self-developed and self-built OSAT project, marking a key step in the country's packaging and testing process from "imported technology" to "independent control".
Figure: Vietnam's semiconductor packaging and testing industry is accelerating
With the continuous influx of foreign capital, Amkor has built the world's largest packaging and testing plant
In terms of the layout of global semiconductor enterprises, Vietnam is becoming an important packaging and testing center due to its geographical location and low labor costs.
Among them, Samsung Electronics has built a high-performance FC-BGA substrate production line in Thai Nguyen Province in northern Vietnam for advanced packaging needs; Intel's packaging and testing facility in Ho Chi Minh City employs 2,700 people, making it the world's largest back-end production base. Amkor Technology's investment is even more compelling, with a $1.6 billion investment in Bac Ninh province to build the world's largest packaging and testing facility, focusing on system-in-package (SiP) and high-end test technologies, mainly for cutting-edge applications such as AI chips and high-bandwidth memory (HBM).
The plant is expected to start production in the third quarter of 2024, and Amkor said it has positioned Vietnam as a "growth engine for the next decade" and accelerated the pace of expansion of the Bac Ninh plant.
The Bac Ninh cluster has just taken shape, and the 100 billion dollar industrial chain is poised to take off
With the implementation of Amkor, Bac Ninh province has become the core area for the development of Vietnam's semiconductor industry. Its driving effect is emerging, attracting a large number of upstream and downstream enterprises to gather, and the industrial chain is beginning to take shape. Experts estimate that by 2028, the region is expected to form a semiconductor industry cluster with an output value of $7 billion.
Conclusion
At present, Vietnam is seizing a place in the global semiconductor packaging and testing map with firm policy support and active industrial guidance. From the top-level policy design to the two-wheel drive of foreign investment and local investment, and then to the beginning of the scale of the Bac Ninh industrial cluster, Vietnam is rapidly becoming a key country in the back-end manufacturing of semiconductors.
