Samsung to Invest $4 Billion in Chip Packaging Site in Vietnam

Samsung and its global peers are expanding at a rapid pace to meet rising demand for chips.

Photographer: David Paul Morris/Bloomberg

Samsung Electronics Co. plans a $4 billion outlay to build a chip packaging plant in northern Vietnam, as the country’s largest foreign investor expands its footprint in the country.

The investment in Thai Nguyen province will be implemented in several phases, with the first consisting of a $2 billion outlay, according to people familiar with the matter who asked not to be identified because the information is private.