Central city calls for investment from Intel, Marvell and Synopsys

The central city of Da Nang has called for cooperation and investment programmes from Intel, Marvell Technology Group and Synopsys in building the city into a global semiconductor manufacturing centre.
Central city calls for investment from Intel, Marvell and Synopsys ảnh 1Da Nang city's representatives share a photo session with Intel's leadership at an investment promotion programme in the US. Da Nang called for investment from Intel in the city. (Photo courtesy of Vo Hoang Phuc)
Da Nang (VNS/VNA) - The central city of Da Nang hascalled for cooperation and investment programmes from Intel, Marvell TechnologyGroup and Synopsys in building the city into a global semiconductormanufacturing centre.

After an investment promotion visit to the US last week, a sourcefrom the city’s leadership stressed that Da Nang would offer the mostfavourable conditions for investors and businesses from the US working in thefields of semiconductor and AI technology.

Gilberto Vargas, vice president, general manager of Datacenter& AI Sales and Marketing of Intel, said Vietnam and Da Nang were seen asattractive investment destinations with young labour forces.

He said Intel Products Vietnam was one of the world’s four largestassembly and tester plants, and that Vietnam had been listed in the Intel’sDigital Readiness Programme in the world that concentrated in the US, Germany, theRepublic of Korea and Vietnam (Vietnam is the only developing country).

The world technology leader had been universalising AI inpromoting the ‘Siliconomy’ in the world, he said.

Secretary of the municipal Party Committee Nguyen Van Quang said DaNang had been luring investors in semiconductor by emphasising potential humanresources, information technology infrastructure and digitalisation, as well asadministration reform.

Quang offered an invitation to Intel’s leaders for detailed planson cooperation development of AI for the future.

He also asked Intel to support Da Nang in building thehigh-performance computer centre in the central city to serve semiconductormanufacturer and tester programmes in the coming years.

In working sessions with Marvell Technology Inc and Synopsyselectronic design automation company, the city’s leader also called forexpansion of operations in Da Nang from the two technology businesses.

Marvell's Chief Administration and Legal Officer Mitch Gaynor saidit had established two offices in Ho Chi Minh City with 300 employees, and thecompany would review opening the country’s third office in Da Nang in the visitin January 2024.

Meanwhile, Synopsys is operating four offices in HCM City and DaNang with 500 engineers, and Synopsys had inked a Memorandum of Understandingwith Da Nang in human resource development in semiconductors.

Da Nang also urged Synopsys to support partnership connections onintegrated circuit design engineer certification in the near future.

Earlier, Da Nang organised investment promotion programmes inFukuyama and Hiroshima, Japan, and with investors from Silicon Valley in healthcare, hi-tech industries, Artificial Intelligence (AI), education, real estateand automation at Da Nang Hi-tech Park and IT Park.

Universal Alloy Corporation, a leading global manufacturer ofaircraft components for aerospace companies from the US, began manufacturingaircraft components at the Da Nang Sunshine Aerospace./.
VNA

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