Samsung plans $1.5 billion chip testing plant in Vietnam, document shows

Samsung Electronics plans to invest 39 trillion dong ($1.5 billion) in Vietnam to build a semiconductor testing plant, its proposal document showed, an expansion that will help ease a global shortage of memory chips driven by surging AI demand.

The new factory, for which construction has already begun in an industrial park 60 kilometres (37 miles) north of Hanoi, ‌is slated to start ⁠operations in ⁠November 2027, the document sent to local authorities in April and reviewed by Reuters showed.