Semiconductors

LG's $1bn move shows Vietnam climbing semiconductor value chain

Apple supplier expands into semiconductor substrates in northern tech hub

LG Innotek's manufacturing complex in Hai Phong, Vietnam. The South Korean company is expanding its semiconductor-related operations in the country. (LG Innotek)

HO CHI MINH CITY -- South Korean conglomerate LG will pour $1 billion into chip packaging in Vietnam on a site the size of 45 football fields, local authorities said, in a move highlighting the Southeast Asian country's growing role in higher-value segments of the semiconductor supply chain.