South Korea's Amkor opens $1.6B factory in Vietnam

The factory of Amkor Technology in Bac Ninh Province, Vietnam. Photo courtesy of Amkor Technology

The plant, which will be on a 23-hectare (56.8-acre) plot, is Amkor’s most extensive complex to date, according to a company leader’s report.

It will offer turnkey solutions, from design to electrical tests, to the world’s leading semiconductor and electronic manufacturing companies.

The factory will aid the development a semiconductor ecosystem in Vietnam. The factory may provide employment to around 10,000 workers once full capacity is reached, according to Vietnam News Agency.

Bac Ninh province is home to global manufacturers such as Foxconn, Samsung and Canon.