Intel officially opens its facility in Vietnam

First announced in 2006, the facility represents Intel’s investment commitment of $1 billion and opens up extensive new opportunities for economic development in the country.

The facility is the largest assembly and test factory in Intel’s global manufacturing network, with a total area of 46,000 square meters. Production commenced in the middle of this year, starting with production of chipsets for laptops and mobile devices for Intel’s customers worldwide. 

“Intel’s global design and manufacturing capability is a critical asset for fueling its growth,” said Intel president and CEO Paul Otellini.

“The Vietnam assembly and test facility will play a key role in our success by becoming a cornerstone of Intel’s ability to deliver new innovative products to markets around the world in volume. Our customers around the world will use the product from this factory to build world-changing technology.”

Otellini reiterated Intel’s long-term commitment to Vietnam and highlighted the importance of the support Intel has received over the past four years from the government, Saigon Hi-tech Park, suppliers and local employees.

“The opening of the assembly and test facility in Vietnam is an important event and supports our goal of accelerating economic transformation led by technology-intensive industries. Intel is also a committed partner for Vietnam government in modernising the national education system.

Intel helps to build a robust information technology ecosystem while fostering local innovation and creating significant high-tech job opportunities. Vietnam government views this as an important and meaningful project for the success of the National Strategy of Information Technology Development by 2020,” Deputy Prime Minster Hoang Trung Hai said.

In January 2006, Intel announced its investment of $300 million to build a new site, including an assembly test factory, in Vietnam. In November 2006, Intel announced it would increase the size of the assembly and test facility from 14,000 square meters to 46,000 square meters, and raise its investment to $1 billion.

Construction started in March 2007. This campus includes an office building, a central utilities building, a warehouse for raw materials and finished goods, a dedicated electrical substation, a chemical storage building, and the assembly and test factory.

The factory’s chipset volumes in 2010 will be around six million units to create estimated export revenue of $120 million. When the factory reaches its full capacity of 820 million units, the export revenue will be $5-15 billion.

>> Intel to open billion-dollar chip plant in Vietnam