Making news

Samsung to invest additional 850 mln USD in Vietnamese subsidiary

Electronics giant Samsung of the Republic of Korea’s recent board meeting has approved the spending of some 850 million USD for its unit in Vietnam to manufacture flip-chip ball grid arrays (FC-BGA), according to KBS News.

FC-BGA is a highly-integrated package board used to connect a high-integration semiconductor chip to a main board.

The company will spend the investment in phases until 2023 to build the new FC-BGA production line.

According to the plan, the Vietnamese subsidiary will focus on producing FC-BGA while Samsung's factories in Suwon City (Gyeonggi) and Busan City will specialise in technology development and high-end products./.