Items tagged with Vietnam
Intel has some potential trouble on its hands. The company warned about potential supply issues with its 14nm processors as early as July, when it announced its Q2 2018 earnings. At the time, the company said that its delayed 10nm processors had resulted in unanticipated additional demand for its 14nm processors. These shortages have affected all of Intel's processor lines (server, desktop, notebooks), including its newly released Whiskey Lake notebook processors. Luckily for Intel, it has a backup plan. The company announced this month in a support document [PDF] that it is shifting some of its 14nm products testing to one of its facilities in Vietnam to alleviate...
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Samsung has shown softening smartphone dominance, at least from a financial performance perspective, in recent quarters. That's not slowing anything down back at headquarters, however, as Samsung realizes that the only way to counter that is to simply grow and take more of the market, even if it's against the odds. Samsung has reportedly applied for a license that would enable it to "invest $3 billion in building a second smartphone factory in northern Vietnam," with the Thai Nguyen province set to gain its second Samsung shop. (The company opened a $2 billion facility there in March.) The news was handed down by a government reporters, though Samsung itself did go so far as to confirm that it...
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After several decades of exploiting cheap workers and low costs in China, a number of companies may have to move their facilities elsewhere. Chinese workers have begun demanding better compensation and safer working conditions (we saw how Foxconn dealt with the iPhone issues last month). Meanwhile, the yaun is finally appreciating after years of being deliberately undervalued. This puts further pressure on businesses already struggling with low profit margins. The chinese government has also entered the picture--it wants workers trained in high technology, not assembly lines or cardboard box production. China is going to go through a very dramatic period. The big companies are starting to exit....
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Intel was wandering around the world with a billion dollars burning a hole in their pocket, looking for a place to build a semiconductor factory. My, how times have changed. Intel could have selected any country to build its largest chip assembly and testing plant. But the world's biggest semiconductor company decided to make the $1 billion investment in a relative newcomer to the high-tech game - Vietnam. Intel announced earlier this month it would more than triple its initial investment to expand the planned factory in southern Ho Chi Minh City from 150,000 to 500,000 square feet. It is expected to begin operations in 2009 and could employ...
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