The new R&D center is expected to improve Vietnam's industrial competitiveness.
Samsung Vietnam officially opened the largest new R&D Center in Southeast Asia on December 23 in the presence of Prime Minister Pham Minh Chinh in the Tay Ho Tay urban area of Hanoi.
Prime Minister Pham Minh Chinh attends the opening ceremony of the R&D center. Photos: VNA |
The new R&D center, with an investment capital of US$220 million, covers an area of 11,603 square meters. The facility will research and develop mobile devices, including smartphones, tablet PCs, and software and hardware products.
The company plans to develop the facility to become the global No. 1 center through enhancing cooperation with tech universities as well as research capabilities of Vietnamese engineers in products development, artificial intelligence (AI), internet of things (IoT), big data, and the fifth generation (5G) network, and others.
At the opening ceremony, Prime Minister Pham Minh Chinh said the R&D center in Hanoi is a testament to Samsung's orientation and commitment to its long-term operation in Vietnam.
Chinh believed that Vietnam had become an important production "base" of Samsung globally.
Samsung Electronics CEO Roh Tae Moon said he hoped the center would become where Vietnam's most elite IT talents are trained, and world-leading technologies are created.
He added it is expected to contribute to improving Vietnam's industrial competitiveness.
Delegates attend the event. |
Besides, under the Samsung Talent Program, the tech giant has joined hands with Vietnamese universities to train excellent software engineers and programs, sponsored 11 Samsung Labs at nine universities, and awarded hundreds of Samsung talent scholarships to Vietnamese students.
The total investment value was more than VND108 billion ($4.5 million).
Earlier, at a September meeting with Samsung Electronics Vietnam (SEV) leaders, Chairman of the Hanoi People's Committee Tran Sy Thanh stated that Hanoi always welcomes international enterprises to develop their business in the city, including Samsung, one of the city's major strategic partners.
Thanh added that the city and related departments would provide maximum assistance to SEV to ensure that the Hanoi R&D center will start its research in the nearest future.
Other News
- EVN to have limited role in direct power purchase agreement mechanism
- Vietnam's gaming industry aims for $1 billion in revenue by 2028
- Vietnam c.bank to continue auctioning gold
- South Korea’s Hyosung plans to build data center in Vietnam
- Vietnam in need of US$12 billion for EV infrastructure: HSBC
- Samsung to pour US$1 billion annually into Vietnam
- Vietnam Export Fair 2024: Opportunities to boost exports
- Vietnam's first lotus root export to Japan
- Hanoi to host the Vocational Education Day 2024
- Hanoi tightens e-commerce management
Trending
-
Breakthrough ideas needed to redevelop Red River’s alluvial islet
-
Vietnam news in brief - May 15
-
Russia fully supports Vietnam's entry into BRICS: Ambassador
-
Japanese duo of illusionists to wow audiences in Vietnam
-
Walking tour to experience public arts in the heart of Hanoi
-
Propaganda poster contests launched for Hanoi’s 70th liberation anniversary
-
Bas-reliefs on Hue's nine dynastic urns listed as UNESCO heritage
-
Hanoi's oldest book street preserving the city's reading culture
-
Private investors: Key to build more parking lots in Hanoi