Samsung chairman to visit Vietnam to celebrate completion of $220 million R&D centre

Business

In March 2020, Samsung began the construction of a new research and development center in Hanoi, Vietnam, which is expected to cost Samsung $220 million. Reportedly, the construction of this R&D center is now complete, and the Executive Chairman of Samsung Electronics, Lee Jae-yong, will visit Vietnam this week to celebrate the achievement.

According to The Korea Herald, Lee Jae-yong will arrive at the capital of Vietnam on Thursday. After attending a ceremony celebrating the completion of the R&D center, he is scheduled to meet the President of Vietnam, Nguyễn Xuân Phúc, along with key officials of the Vietnamese government. Seemingly, Lee Jae-Yong had to cancel his weekly trial proceedings for the Samsung C&T and Cheil Industries merger to attend this event.

Samsung’s new R&D center in Hanoi, Vietnam, is built on 11,603 square meters of land. The building has a total of nineteen floors, including three basement floors, and a total floor area of 79,522 square meters. Currently, it’s Samsung’s largest R&D facility in Southeast Asia. The company is expected to carry out R&D of smartphones, tablets, hardware, and software at this facility. This R&D center will also employ up to 3,000 people.

Samsung has 17 R&D centers around the world, including Canada, China, India, Indonesia, Malaysia, Poland, Russia, South Korea, Turkey, the Philippines, the UK, and the US.

Asif Iqbal Shaik - Senior Editor

[email protected]

First Samsung device: T100

Asif is a computer engineer turned technology journalist. He has been using Samsung phones since 2004, and his current smartphone is the Galaxy S21 Ultra. He loves headphones, mechanical keyboards, and PC hardware. When not writing about technology, he likes watching crime and science fiction movies and TV shows.

Business Lee Jae-yong Samsung Electronics Vietnam

lee jae-yong, executive chairman of samsung electronics

Samsung chairman to visit Vietnam to celebrate completion of $220 million R&D center

Asif Iqbal Shaik - Senior Editor

[email protected]

First Samsung device: T100

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