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City sets stage for cheap chips

Update: April, 11/2013 - 10:30
An engineer of the Intergrated Circuit Design Research and Education Centre in HCM City works in a semiconductor testing room. The city targets an annual sales turn over of US$120 million from its intergrated circuit industry by 2020. — VNA/VNS Photo The Anh.

HCM CITY — The country's hi-tech semi-conductor industry should take steps to pave the way for the development of the IT industry, according to Deputy Prime Minister Nguyen Thien Nhan.

Speaking at a meeting with representatives of the city's People's Committee on Tuesday, Nhan said the city should use new technologies to design and produce inexpensive and market-competitive chips.

Nhan said the city should also review its programme for development of its chip-manufacturing industry in the 2013-20 period, especially for consumption markets and competitiveness.

Le Manh Ha, deputy chairman of the HCM City People's Committee, said the city began focusing on the chip manufacturing industry after the Government recognised integrated circuit chips as a "national product".

The city targets an annual sales turnover of US$120 million from its integrated circuit industry by 2020.

The city also has a plan to attract at least five multinational groups and create favourable conditions to establish 25 businesses in the semi-conductor industry.

The city will also build an integrated-circuit plant that can manufacture 1.8 billion chips and provide training for 2,000 engineers and technicians for the industry annually.

According to figures released at the establishment of the HCM City Semi-conductor Industry Association in March, the city's chip industry development programme targets a revenue of $100-150 million by 2017, train 2,000 IT engineers and technicians, and nurture 30 chip businesses at an initial cost of VND7.5 trillion ($357 million).

The Sai Gon Industry Corporation will invest VND6 trillion ($285 million) in a chip production plant in the Sai Gon Hi-Tech Park, providing about 1.8 billion chips for the domestic market and revenue of about $90 million each year.

Deputy Minister of Planning and Investment Nguyen The Phuong, who spoke at the meeting on Tuesday, said the city should decide whether the integrated-circuit chips were being made with the aim of reducing imports or expanding exports. — VNS


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