What is the potential of the Korean semiconductor corporation that wants to pour 1 billion USD into Vietnam?

During the first 10 years of establishment, Hana Micron mainly processed products for Samsung and SK Hynix. This company plans to continue to increase investment capital in Vietnam with a total value of more than 1 billion USD, making Vietnam the main production base of this group globally.

 

Commitment to invest 1 billion USD

 

The semiconductor industry is one of the industries worth up to hundreds of billions of dollars and is focused on by many governments because of its importance. No exception, with the desire to develop the country towards modernization, Vietnam is also penetrating this important business sector through investment capital from abroad.

 

Most recently, Hana Micron Group - one of Korea's leading semiconductor companies - has officially laid the first bricks in participating in Vietnam's semiconductor industry in Bac Giang.

 

The company's first factory located in Bac Giang has been completed and officially put into operation phase 1 in 2020, marking the first step for the semiconductor industry in Vietnam. It is expected that in 2023, this factory will bring up to 300 million USD in revenue for the group.

 

Most recently, the company continues to invest in a second factory in our country with the desire to build an ecosystem to develop this industry in Vietnam more comprehensively. Hana Micron Vina 2 factory project of The company will continue to be located in Van Trung industrial park, Bac Giang province and is the first semiconductor manufacturing project in the Northern region.

 

In the plan for 2025, the business is expected to invest a total amount of up to 1 billion USD in Vietnam, creating jobs for about 4,000 people (equivalent to 70% of the number of personnel the company needs to factory deployment), bringing the business an expected revenue of up to 400 million USD.

 

The implementation of this project will help Vietnam orient its future direction regarding semiconductor production. This will be an opportunity for Vietnam to transform, improve the quality of human resources for the semiconductor industry and further develop to become an important link in the global supply chain.

 

Hana Micron's strong investment in Vietnam shows the strategic appreciation of Korean businesses for our country. This will also be an opportunity for Vietnam to prove its capacity and attract more investment projects from abroad in the coming time, creating motivation for our country to develop its economy towards high technology. sustainable way.

 

Ambition to become a giant in the semiconductor industry

 

Hana Micron is a Korean company that entered the semiconductor market in 2001. During the period of establishment until 2010, the company mainly processed products for Samsung and SK Hynix domestically with many awards for domestic enterprises. public in Korea.

 

In 2006, the company established Hana Micron America in the US, the first step in the development process outside the borders of Korea. 10 years later, Hana Micron officially laid its foundation in Vietnam through the establishment of a subsidiary.

 

Up to now, the company is present in 4 countries: the US, Korea, Vietnam and Brazil, performing many important steps in the global semiconductor industry. The company's business results are also very positive with revenue and profits both trending up over the past 5 years.

 

In 2022, Hana Micron will achieve revenue of nearly 9 trillion KRW (about 6.7 billion USD), growing 33.5% over the previous year and a profit of about 590 billion KRW (438 million USD); The total assets of the enterprise are over 14 trillion KRW. These are relatively positive numbers and show the company's ambition to become a giant in the semiconductor industry in the coming years.

 

Hana Micron's main business is back-end semiconductor solutions, with processes from manufacturing, testing to packaging. In particular, by combining advanced substrate and flip chip technologies, Hana Micron products have good electrical performance, high quality and extremely competitive prices.

 

In addition, the company's other technologies of laminate (for ICs), lead frames, wafers for phones and electronic products also have outstanding features, helping them become a partner of many businesses. major industries in Korea (such as SK and Samsung) and around the world.

 

High quality with extremely competitive prices is what businesses commit to and pursue, helping them increasingly win the trust of customers. At the same time, Hana Micron also continuously researches and develops new technologies, in line with global semiconductor industry trends, with plans related to memory technology and flip chips until 2025.

 

It can be seen that the company is completely ready to develop and compete on a world level in the coming years, with many outstanding technologies. The company's ambitions in the coming years cannot be achieved without One of the important production locations is Vietnam, with Hana Micron's total registered investment capital of up to 600 million USD.

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