German global semiconductor solutions provider Infineon Technologies AG has unveiled plans to expand its operations in Vietnam.
|Infineon expands operations in line with Hanoi’s R&D goals, illustration photo/ Source: Shutterstock |
As part of the strategic move, the company is establishing a dedicated electronic chip development team based in Hanoi. The announcement coincides with the official inauguration of Infineon’s new office in the capital in May, which can accommodate up to 80 employees. The primary focus of the expansion will revolve around the research and development (R&D) of cutting-edge chip technologies, sales, and marketing.
By the end of 2023, Infineon anticipates to have assembled a team of around 25 technical experts within the chip development division. The workforce will concentrate their efforts on the rigorous testing and fine-tuning of digital, analogue, and integrated circuits, and providing critical support for applications such as autonomous driving, battery monitoring, and power optimisation.
Overseeing these chip development activities in Hanoi is Infineon Technologies Vietnam, a subsidiary of Infineon Technologies Asia-Pacific.
C.S. Chua, chairman and CEO of Infineon Technologies Asia-Pacific, highlighted Vietnam’s emerging significance as a pivotal player within the global electronics industry’s value chain.
“With a burgeoning and youthful population of nearly 100 million, Vietnam has swiftly transformed into a coveted destination for multinational corporations seeking to tap into a pool of exceptional technical talent.”
Hartmut Hiller, deputy CEO of Design and Support Services (DES) at Infineon Technologies AG, said, “The new development centre in Hanoi will facilitate our ability to meet the escalating demand for functional testing and customised circuit design, particularly for our industry-leading system-on-chip (SoC) solutions.”
Hiller expressed his confidence that this endeavour will strengthen the local hardware development ecosystem and play a crucial role in ensuring unfettered access to a skilled and proficient workforce.
Indications are that the new Hanoi centre will play a pivotal role in supporting DES’ ambitious growth plans. During the initial phase, DES will concentrate on expanding its expertise and capabilities concerning SoC systems, actively seeking out top-notch professionals who specialise in functional testing and custom circuit design.
Hanoi is aiming to solidify its position as an internationally renowned R&D hub, comparable to Infineon’s existing prominent centres located in Germany, Austria, India, and Singapore. Infineon’s expansion serves as an auspicious sign for Vietnam, underscoring the country’s concerted efforts to entice investment and foster the development of its burgeoning semiconductor industry.
The Ministry of Planning and Investment has been entrusted with formulating a comprehensive plan to further facilitate this strategic objective.
Infineon’s product portfolio consists of a variety of products including digital, mixed-signal, and analogue integrated circuits, as well as discrete semiconductor products.
The company is currently recognised as Germany’s largest semiconductor manufacturer and can trace its origins back to its former parent company, Siemens.
The semiconductor operations were part of Siemens before being spun off to form Infineon Technologies. The move allowed Infineon to establish itself as an independent entity solely focused on the semiconductor industry, enabling it to innovate and lead the market with its cutting-edge solutions.
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