Samsung began the construction of its R&D center in Hanoi, Vietnam, back in March 2020. On Friday, Samsung officially opened the newly constructed R&D center, and VIPs attended the opening ceremony. The R&D center in Vietnam is reportedly the largest facility in the Southeast Asian country set up by a foreign firm.
During the opening ceremony, Samsung Electronics Executive Chairman Lee Jae-Yong said, “I expect the R&D center to contribute to Vietnam's industrial competitiveness and to the relationship between South Korea and Vietnam.”
The opening ceremony of the Samsung Electronics R&D center in Vietnam was attended by several VIPs, including Vietnamese Prime Minister Pham Minh Chinh, Science and Technology Minister Huynh Thanh Dat, Roh Tae-moon, President and Head of Samsung MX, and Choi Joo-sun, President and CEO of Samsung Display.
The R&D center in Vietnam will be Samsung's 17th R&D center in the world
Samsung built the R&D center in Vietnam for $220 million, and a total of 2,200 employees will work at the facility. The R&D center has 19 floors, including 3 basement floors. Here, Samsung employees will do research and development of software and hardware related to smartphones, tablets, and other smart products. The company also said that all these activities would make the R&D center Samsung's global technology foothold for wireless devices.
Samsung's presence in Vietnam dates way back to 1989, when Samsung C&T Corp. set up a trade office in the country. The company's Vietnam office was established in Ho Chi Minh City in 1995. Later, Samsung opened its mobile manufacturing plant in Bac Ninh, Vietnam, in 2008. Since then, Samsung has been aggressively investing in the country and is on the verge of becoming the largest foreign investor in Southeast Asian countries.
This will be the company's 17th R&D center in the world. The other centers are located in Canada, China, India, Indonesia, Malaysia, Poland, Russia, South Korea, Turkey, the Philippines, the UK, and the US.