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LG INNOTEK EXPANDS SEMICONDUCTOR INVESTMENT IN VIETNAM
Vietnam continues to strengthen its position as a preferred destination for high-tech manufacturing investment. Most recently, LG Innotek signed an investment agreement with Hai Phong City to develop a new semiconductor substrate manufacturing facility, marking the company's first semiconductor substrate production project in Vietnam.
The new facility, expected to begin construction in July 2026, will support growing global demand for semiconductor components used in AI, advanced communications and next-generation technologies. The investment further reinforces confidence in Vietnam's manufacturing ecosystem and skilled workforce.
To support growing demand from international manufacturers, Core5 Vietnam continues to expand its industrial footprint across key production hubs. In Hai Phong, Core5 Hai Phong Phase 2 is being developed to provide modern ready-built factory solutions for companies seeking to establish or expand operations in one of Northern Vietnam's most dynamic industrial markets.
For companies exploring expansion opportunities in Vietnam, our team would be pleased to share insights on industrial locations, market trends and ready-built factory solutions. Please feel free to connect with Ms. Tiffany Trang Pham via WhatsApp at +84 961 673 989.
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