On the occasion of the U.S. President's visit to Vietnam, the two sides established a comprehensive strategic partnership and discussed ways to strengthen cooperation in the areas of science, technology, and innovation.
In the semiconductor field, California-based Marvell, one of the world's largest semiconductor companies, plans to open a world-class semiconductor design center in Ho Chi Minh City, which is expected to be operational by the end of 2024. Prior to this, in June, the company also announced the establishment of an IC design center in the city.
The company has been in the Vietnamese market since October 2013. It currently employs about 300 engineers and is also focusing on two other areas: cloud data centers and artificial intelligence (AI). The company also announced plans to further support local talent development over the next three years by increasing the number of Vietnamese employees by 50% and increasing internship and scholarship opportunities.
Marvell Vietnam currently has 2 offices in Ho Chi Minh City. With the establishment of this new R&D center, Marvell Vietnam becomes one of Marvell's four world-class centers (along with 3 centers in the US, India, and Israel).
"One of the top challenges of the global semiconductor IC industry is the lack of research and engineering capacity, and this is a great opportunity for Vietnamese technology engineers. The establishment of the Design Center Marvell Microchip design in Vietnam is an important step to narrow the talent gap and promote the development of Vietnam's IC industry," Dr. Loi Nguyen, Senior Vice President of Marvell, emphasized.