Reuters reported on the 27th that Samsung Electronics plans to invest about $1.5 billion (about 2.2 trillion won) to build a semiconductor testing plant in Vietnam.
Reuters said it obtained documents that Samsung Electronics submitted to Vietnamese authorities in April and reported accordingly.
Reuters said construction of the plant has already begun in an industrial complex about 60 kilometers north of Hanoi, with operations scheduled to start in November next year.
Samsung Electronics explained in the documents that the plant will produce general-purpose chips and is expected to have an annual production capacity of 153.3 billion gigabytes (GB) of DRAM and 255.6 billion GB of NAND flash.
However, Reuters reported that in Vietnam it is common for corporations to begin initial site work while waiting for environmental permits, and it is unclear whether the plant has already secured all the necessary approvals or whether consultations with local authorities are still ongoing.