Lam Research is one of the world's leading chip manufacturing tool suppliers, established in 1980, headquartered in California, USA. The group's 2022 revenue is 19 billion USD and as of March 3, Lam Research has more than 2023 employees.
Mr. Karthik Rammohan said that Lam Research aims to expand its operations and diversify its supply chain in Asia. Particularly in Vietnam, Lam Research plans to cooperate with Seojin Company (currently with factories located in Bac Ninh and Bac Giang) to develop a factory and supply chain in phase 1 with a capital of 1 - 2 billion. USD. After phase 1, Lam Research can invest directly and continue to expand operations in Vietnam.
Mr. Karthik Rammohan wishes to learn about investment incentive policies, initiatives and programs that Lam Research can participate in to promote and support suppliers and the supply chain ecosystem of the semiconductor industry. in Viet Nam. For his part, Seojin representative affirmed that this is a very important project for both businesses.
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| Prime Minister Pham Minh Chinh and Mr. Karthik Rammohan, Senior Vice President of Lam Research Group (USA). (Photo: Nhat Bac) |
After leaders of the Ministry of Planning and Investment and local leaders presented preferential policies and very favorable conditions at the location where the two corporations planned to invest, speaking at the meeting, Prime Minister Pham Minh Chinh clearly stated that the United States and Korea are both comprehensive strategic partners of Vietnam, in which science, technology, and innovation are important areas of cooperation.
In the context of global FDI continuing to shift, Vietnam wishes to attract high-quality investment capital, especially leading enterprises such as Lam Research in the fields of high technology and semiconductor industry.
Vietnam welcomes and encourages investors into this field with appropriate mechanisms, policies and specific incentives according to the law, as well as promoting the construction of modern and synchronous infrastructure.
Vietnam is also training and developing 50.000 - 100.000 engineers for the semiconductor industry by 2030, promptly meeting the human resource needs of businesses.
On the other hand, major suppliers in the high-tech field such as Samsung, Intel, Foxconn... are present in Vietnam; Many other world-leading corporations are also continuing to explore opportunities and plans to invest in Vietnam.
In the spirit of harmonious benefits, shared risks, working together, winning together, enjoying together, and developing together, the Prime Minister hopes that the two corporations, in addition to investment and production, should focus on research and development activities ( R&D), technology transfer, promoting the development of the semiconductor ecosystem in Vietnam.
The Prime Minister requested the two corporations to continue working specifically with relevant agencies and localities to implement work and procedures according to the provisions of law.
