News

Vietnam is positioning itself as a significant player in the global semiconductor industry, attracting major investments from companies like Intel, Hana Micron Vina, Amkor Technology, Synopsys, and Marvell. The U.S. and Vietnam have enhanced their strategic partnership, emphasizing workforce development and technology transfer to boost Vietnam's semiconductor capabilities. By 2024, Vietnam's semiconductor industry is projected to exceed $6.17 billion, aiming to produce branded chips and integrate deeper into the global market. 

Apollo Global Management is investing $11 billion in Intel's Fab 34 in Leixlip, Ireland, acquiring a 49% equity stake in the joint venture. This strategic move allows Intel to leverage external funding to expand its manufacturing capabilities while maintaining operational control and a 51% stake. The investment supports Intel's "Smart Capital" strategy, aimed at enhancing supply chain resilience without overburdening its balance sheet. The deal is expected to close in the second quarter of 2024, further solidifying Intel's position in the global semiconductor market.

The Indian government has launched an ambitious 'Electronic' plan to generate 50 lakh jobs in the next five years by establishing India as a global hub for electronics manufacturing. The plan includes incentives for companies, development of advanced infrastructure, innovation and research initiatives, extensive skill development programs, and support for start-ups and SMEs. Emphasizing sustainability, the plan aims to boost employment, contribute to GDP growth, and position India as a leader in cutting-edge technologies. 

Vanguard International Semiconductor Corporation (VIS) and NXP Semiconductors have announced a joint venture to establish VisionPower Semiconductor Manufacturing Company in Singapore. This $7.8 billion investment will build a 12-inch wafer fabrication plant to produce mixed-signal, power management, and analog products using technologies licensed by TSMC. The facility, expected to be operational by 2027, will enhance global supply chain resilience and reduce dependency on China and Taiwan aligning with the industry's trend toward geographic diversification.

LG Display has secured a groundbreaking order for OLED panels for Apple's iPhone 16 Pro and Pro Max models, marking its early approval over Samsung Display. This strategic move by Apple signifies an important shift in its supply chain diversification to enhance stability and reliability. The decision highlights LG Display's advancements in OLED technology, such as dual light-emitting layers for improved power efficiency and screen longevity. This development positions LG Display as a key player alongside Samsung, potentially reshaping the future landscape of Apple's display supplier

The micro LED chip market is expected to surge to $580 million by 2028, driven by the growing demand for head-mounted devices and automotive applications. This growth, representing an 84% compound annual growth rate from 2023, is propelled by technological advancements and increasing investments in large display applications and wearable products. However, cost reduction and overcoming technical challenges remain critical, with continuous optimization of production processes being essential for the industry's development.

Vietnam is becoming a significant hub for semiconductor manufacturing, attracting major investments from global corporations like Intel, Samsung, and Amkor Technology. The recent upgrade in Vietnam-U.S. relations highlights Vietnam's potential in the semiconductor industry, with plans for substantial investment and development in human resources. Domestic companies are also beginning to engage in chip production, aiming to create Vietnamese-branded chips and elevate Vietnam's position in the global semiconductor market. 

The OLED monitor market is booming in 2024, with Q1 shipments hitting 200,000 units, a 121% year-over-year surge. This growth is set to push annual shipments to 1.34 million units, a 161% increase. Key drivers include advancements in OLED technology, superior performance, and rising demand among gamers and professionals. Major brands like Samsung, Dell, and LG are expanding their OLED monitor lines, while improved manufacturing processes are lowering costs. The economic recovery and events like the 2023 Asian Games have further boosted demand. The 2024 outlook for the OLED monitor market is exceptionally positive, with continued innovation and expanding applications.

Honda Motor Co., Ltd. and IBM have signed a Memorandum of Understanding to collaborate on the long-term research and development of advanced semiconductor and software technologies essential for future software-defined vehicles (SDVs). This partnership aims to address significant challenges related to processing capability, power consumption, and design complexity by exploring specialized technologies such as brain-inspired computing and chiplet technologies. The collaboration is expected to position both companies at the forefront of automotive innovation, creating SDVs with superior computing power and energy efficiency

The retention of Ashwini Vaishnaw as the head of the Ministry of Electronics and Information Technology (MeitY) underscores India's commitment to its digital transformation. Vaishnaw's tenure has been marked by significant advancements, including the successful implementation of the Production-Linked Incentive (PLI) scheme, which has boosted domestic electronics manufacturing and attracted global investments. Initiatives like Digital India have enhanced internet penetration and government service delivery, while comprehensive cybersecurity measures have safeguarded critical infrastructure. Vaishnaw's efforts to foster a thriving startup ecosystem and his focus on the deployment of 5G technology, digital skilling, and the promotion of AI are set to propel India's electronics and IT sectors to new heights, ensuring a resilient and prosperous digital future.