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

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BUILDING A SEMICONDUCTOR PLANT. A view of construction work on the new Samsung semiconductor plant, a memory chip testing plant, amid a global memory chip shortage, in Thai Nguyen province, Vietnam, May 25, 2026.

Khanh Vu/Reuters

The new factory, for which construction has already begun in an industrial park 60 kilometers north of Hanoi, is slated to start operations in November 2027

HANOI, Vietnam – 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.