US, Vietnam sign deal on semiconductor supply chains

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ANI News

Washington, DC [US], September 10 (ANI): The United States and Vietnam, on Sunday, signed a deal on semiconductor supply chains to expand the capacity of the semiconductor ecosystem in Hanoi, in support of the US industry. As per the White House, the US recognizes Vietnam’s potential to play a critical role in building resilient semiconductor supply chains, particularly to expand capacity in reliable partners where it cannot be re-shored to the United States and further promote manufacturing and industry development at home under the US CHIPS Act. “A newly-signed Memorandum of Cooperation on S…

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