Vietnam consumes more than 20 billion integrated circuits (IC) worth acombined 2 billion USD a year but most of them are imported, The SaigonTimes Daily reported.
Speaking at a recent review conference onthe city’s microchip industry, the HCMC Semiconductor IndustryAssociation (HSIA) said this huge demand was a driver for the city todevelop the industry.
The association said the city was lookingto develop the IC industry into an economic spearhead to speed up thecity’s industrialisation.
Many enterprises and experts saidVietnam is considered a high growth market for semiconductor producersas annual demand totals nearly 2 billion USD.
In order to leadthe nation’s IC industry development drive and reduce dependence onimports, the city government is implementing a development programme forthe chip industry between 2013 and 2020.
After two years ofimplementation, the city has technically completed relevant legaldocuments and proceeded to training human resources, doing research,building a centre for IC design and promoting international cooperation.
Somelocal chips have been successfully commercialised such as SG-8V1, KITDE-8V1, container locks, galvanometers, digital communications moduleand management system of radio frequency identification.
Ngo DucHoang, Director of the Integrated Circuit Design Research and EducationCentre (ICDREC) under the Ho Chi Minh City National University, said theworld’s microchip sales amounted to nearly 315 billion USD last year.If Vietnam secures small share, it could earn billions of dollars inannual sales.
The city has been facilitating the development of amulti-million-dollar microchip factory project of Saigon IndustryCorporation (CNS).
Saigon Semicon ductor Technology Inc., alocally-invested company, has been awarded a certificate to construct anIC manufacturing facility at Saigon High-Tech Park.-VNA
Speaking at a recent review conference onthe city’s microchip industry, the HCMC Semiconductor IndustryAssociation (HSIA) said this huge demand was a driver for the city todevelop the industry.
The association said the city was lookingto develop the IC industry into an economic spearhead to speed up thecity’s industrialisation.
Many enterprises and experts saidVietnam is considered a high growth market for semiconductor producersas annual demand totals nearly 2 billion USD.
In order to leadthe nation’s IC industry development drive and reduce dependence onimports, the city government is implementing a development programme forthe chip industry between 2013 and 2020.
After two years ofimplementation, the city has technically completed relevant legaldocuments and proceeded to training human resources, doing research,building a centre for IC design and promoting international cooperation.
Somelocal chips have been successfully commercialised such as SG-8V1, KITDE-8V1, container locks, galvanometers, digital communications moduleand management system of radio frequency identification.
Ngo DucHoang, Director of the Integrated Circuit Design Research and EducationCentre (ICDREC) under the Ho Chi Minh City National University, said theworld’s microchip sales amounted to nearly 315 billion USD last year.If Vietnam secures small share, it could earn billions of dollars inannual sales.
The city has been facilitating the development of amulti-million-dollar microchip factory project of Saigon IndustryCorporation (CNS).
Saigon Semicon ductor Technology Inc., alocally-invested company, has been awarded a certificate to construct anIC manufacturing facility at Saigon High-Tech Park.-VNA
