Samsung Electronics

Samsung Electronics plans to invest approximately $1.5 billion to build its first semiconductor testing factory in Vietnam, aiming to alleviate global memory chip shortages driven by increasing AI demand. The factory, located north of Hanoi, is projected to begin operations by November 2027 and will focus on traditional chips, with potential for expansion.

Samsung Electronics faces a potential strike as wage talks between management and union representatives have failed to reach an agreement. Union leaders announced an 18-day strike would commence Thursday, with both sides blaming each other for the impasse. Government officials have expressed concern over potential disruptions to global semiconductor supplies.