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[News] U.S. and India Plan New Semiconductor Plant in India, Vietnam Sets 2050 Development Blueprint


2024-09-25 Semiconductors editor

According to The Hindu, India, under a transformative partnership with the U.S., is set to establish its first national security semiconductor fabrication plant. This facility will produce chips for military hardware in both nations, as well as for critical telecommunications and electronics networks.

The ambitious project was announced following talks between Prime Minister Narendra Modi and U.S. President Joe Biden in Wilmington on September 21. The two leaders hailed this first-ever India-U.S. semiconductor fabrication collaboration as a “watershed moment,” according to a joint fact sheet.

Based on a report by Bloomberg, the planned India-U.S. semiconductor plant will manufacture infrared, gallium nitride, and silicon carbide semiconductors. In a joint statement, both sides indicated that the India Semiconductor Mission, along with the strategic technology partnership between Bharat Semi, 3rdiTech Inc, and the U.S. Space Force, will provide support for the establishment of the plant.

Meanwhile, Vietnam is also ramping up efforts to develop its semiconductor industry, having set a development blueprint for 2030 with a vision extending through 2050.

As reported by Vietnam Plus, the country plans to capitalize on its geopolitical advantages and labor market strength to selectively attract foreign direct investment (FDI) in the semiconductor sector during the first phase, from 2024 to 2030.

Vietnam aims to become a global hub for semiconductor talent by strengthening its capabilities across the entire supply chain, from research and design to manufacturing, packaging, and testing.

The Vietnamese government has set an ambitious goal of training 50,000 engineers by 2030 to support this high-tech industry. In the second phase, from 2030 to 2040, Vietnam plans to further integrate with global semiconductor and electronics industries, becoming a key global center. By the third phase, from 2040 to 2050, Vietnam aspires to be a global leader in semiconductors and electronics, advancing its research and development capabilities.

By the end of this period, Vietnam aims to build a self-sufficient semiconductor ecosystem, securing a leading position in various steps of the global supply chain.

(Photo credit: Samsung)

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