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Signing of cooperation agreement to develop semiconductor industry and artificial intelligence

(gialai.gov.vn) - On the morning of August 21, at the headquarters of the Provincial People's Committee, the Department of Science and Technology of Gia Lai province, Quy Nhon University and TORmem Company (USA) signed a cooperation agreement in research, technology transfer and value chain development related to semiconductors and artificial intelligence (AI) in Gia Lai province. Attending the signing ceremony were comrades: Pham Anh Tuan - Chairman of the Provincial People's Committee; Lam Hai Giang - Vice Chairman of the Provincial People's Committee; representatives of leaders of relevant departments, branches and units.

Việt NamViệt Nam21/08/2025

Associate Professor, Dr. Doan Duc Tung - Rector of Quy Nhon University (left) and Mr. Nguyen An Thao - Founder and CEO of TORmem Company signed a cooperation agreement.

According to the agreement, TORmem Company will advise and support provincial units in receiving and transferring technology, especially in the Company's strengths. In the immediate future, the enterprise will focus on supporting and advising Quy Nhon University to invest in a semiconductor laboratory, ensuring efficiency and suitability with development trends; implementing human resource training programs, transferring technology on semiconductors and AI, contributing to training high-quality human resources for the locality; deploying TORmem's AI infrastructure and cloud computing solutions focusing on memory...

Mr. Tran Kim Kha - Director of the Department of Science and Technology (left) and Mr. Nguyen An Thao signed a cooperation agreement.

TORmem Company will also propose and support the province to implement breakthrough initiatives such as: building large-scale data centers, implementing pilot projects (PoC), building prototype semiconductor chip factories... Researching and cooperating with enterprises in the province to develop information technology and semiconductor industry products; from there, moving towards investing and building factories and research and development centers in line with the Company's strategy.

Along with that, TORmem will also support the province in investment promotion activities, promote the image and potential of the province in developing the information technology industry, focusing on the semiconductor industry; connect Gia Lai province with experts, businesses, and leading research centers in the fields of information technology and semiconductors in the United States and other developed countries.

Chairman of the Provincial People's Committee Pham Anh Tuan highly appreciated the capacity of TORmem Company, a business with strengths in semiconductors and AI in Silicon Valley.

Speaking at the signing ceremony, Chairman of the Provincial People's Committee Pham Anh Tuan welcomed TORmem Company for taking quick and practical steps in promoting the development of semiconductor and AI industries in Gia Lai province.

Chairman Pham Anh Tuan highly appreciated the capacity of TORmem Company and said that the enterprise's move is completely consistent with the Government and the province's policy of breakthrough in science, technology development, innovation and national digital transformation.

Emphasizing that the signing of the cooperation agreement between the parties lays a solid foundation, opening up great opportunities for Gia Lai to develop the semiconductor and AI industry, Chairman of the Provincial People's Committee Pham Anh Tuan pledged to create the most favorable conditions for TORmem Company to effectively implement the signed contents.

At the same time, Chairman Pham Anh Tuan requested the Department of Science and Technology, the focal agency of the province, to coordinate with TORmem Company to urgently deploy and concretize the cooperation contents; provide full information on development orientation, preferential policies, potential and needs of the province in the field of information technology industry, semiconductor industry; support the Company to survey, learn about investment opportunities, establish production and business establishments in the province; coordinate with relevant agencies and units to support enterprises to remove difficulties and obstacles (if any).

Quy Nhon University closely cooperates with TORmem Company to build a semiconductor laboratory, implement a human resource training program on semiconductors and AI, considering this an important step, creating a solid foundation for sustainable and long-term development for all parties in the future.

Chairman of the Provincial People's Committee Pham Anh Tuan believes that with the capacity, enthusiasm and efforts of all parties, Gia Lai will soon become one of the centers of the semiconductor and AI industry in Vietnam.

Source: https://gialai.gov.vn/tin-tuc/hoat-dong-cua-lanh-dao/ky-ket-thoa-thuan-hop-tac-phat-trien-nganh-cong-nghiep-ban-dan-va-tri-tue-nhan-tao.html


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