Vietnam urges Qualcomm, Samsung to expand AI and semiconductor investment

Vietnamese leaders have urged Qualcomm and Samsung Electronics to expand investment in artificial intelligence, semiconductors, research and development and advanced connectivity as the country seeks to become a regional innovation hub. Communist Party General Secretary and President To Lam asked Qualcomm Chief Executive Cristiano Amon to increase investment in AI, robotics, 5G/6G, data centres and next-generation connectivity. Amon said Qualcomm wanted to make Vietnam its third-largest artificial intelligence research and development hub globally. Prime Minister Le Minh Hung told Samsung Electronics CEO Roh Tae-moon that Vietnam wanted Samsung to remain a key technology and industrial partner. Samsung has invested $24 billion in Vietnam, while its mobile-phone manufacturing entities have exported $500 billion since production began 17 years ago. Roh said Samsung planned further investment and training and was working to bring local companies more deeply into its global supply chain.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.