FPT Announces the Establishment of an Advanced Semiconductor Testing & Packaging Plant, Strengthening Vietnam's Position in the Global Value Chain

HANOI, Vietnam, Jan. 28, 2026 /PRNewswire/ -- FPT Corporation officially announced the establishment of the FPT Advanced Semiconductor Testing & Packaging Plant.

The ceremony was attended by representatives of the Ministry of Science and Technology, together with leaders of FPT Corporation, Viettel Group and its domestic and international partners.

The establishment of the FPT Advanced Semiconductor Testing and Packaging Plant underscores FPT's commitment to implementing Vietnam's national technology strategies, including Resolution No. 57-NQ/TW and Decisions No. 1131/QĐ-TTg and 1018/QĐ-TTg, which set the target for Vietnam to have 10 advanced semiconductor testing and packaging facilities by 2030.

The project strengthens the national semiconductor alliance, advances mastery of core technologies, completes an end-to-end semiconductor ecosystem, and supports the goal of 50,000 semiconductor professionals by 2030.

According to Mr. Truong Gia Binh, Chairman of FPT Corporation shared: "With today's milestone, we take another step toward completing Vietnam's semiconductor ecosystem. We will work closely with domestic and international partners to rapidly bring Make in Vietnam chips into real-world applications".

In Phase 1 (2026–2027), the plant covers 1,600 square meters with six functional testing lines (ATE testers and handlers) and a dedicated reliability and durability testing area (Burn-in, Reliability Test, Failure Analysis). All systems comply with semiconductor global standards, ensuring quality and reliability throughout the product lifecycle.

In Phase 2 (2028–2030), FPT will expand the facility to 6,000 square meters, with 18 newly installed functional testing lines, 3 reliability and endurance testing zones, expanded both conventional packaging lines (QFN, QFP, DFN, etc.), additional CSP (Chip Scale Package), WLP (Wafer Level Package) lines, along with advanced IC packaging lines, collectively ramping the plant's total output to billions of units per year. The plant will also enhance testing for IoT, automotive, and AI-on-the-edge SoC chips, further completing the semiconductor value chain.

FPT signed strategic cooperation agreements with leading domestic and international partners to integrate the semiconductor value chain from training to commercialization, including Viettel Group (Vietnam), VSAP Lab (Vietnam), Restar (Japan), Winpac (Korea).

FPT also announced plans to research and develop AI-on-the-edge System-on-Chip (SoC) solutions, aiming to fully master the smart device ecosystem encompassing cameras, drones, and unmanned aerial vehicles (UAVs).

With over a decade in semiconductors, FPT pioneers "Make in Vietnam" chips, invests in R&D, develops high-quality talent, positioning Vietnam as a key semiconductor hub.

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FPT Announces the Establishment of an Advanced Semiconductor Testing & Packaging Plant, Strengthening Vietnam's Position in the Global Value Chain

BEIJING, April 3, 2026 /PRNewswire/ -- Shanghai Fashion Week has risen to the fourth place globally, overtaking New York, according to a report released Thursday in Shanghai. The Global Fashion Industry Index-Fashion Week Vitality Index Report (2025), issued by China Economic Information Service, describes Shanghai as the fastest-growing node city in the global fashion landscape.

Paris and Milan fashion weeks retained the top two positions globally. London and Shanghai ranked third and fourth, with commercial vibrancy and digital transformation cited as their core competitiveness.

For the first time, the report added a "commercial trade activity" indicator to quantify each fashion week's ability to integrate commercial resources and convert them into market transactions. Shanghai Fashion Week recorded 1,217 trade brands, second only to Paris, and operated seven digital trade platforms which is the highest figure among all eight fashion weeks surveyed.

The report noted persistent gaps. Shanghai Fashion Week's 23 product categories and average transaction price of 420 U.S. dollars represent only 64 percent and 54 percent of Paris Fashion Week's figures respectively, reflecting a market still dominated by mid-range and emerging brands but with significant growth potential.

In the elements aggregation dimension, Paris and Milan led with 429 and 387 participating brands and 544 and 529 events respectively, while Shanghai hosted around 200 events and distinguished itself through new brand participation. In industry influence, Shanghai ranked first globally in the number of designers, and its innovation trend score also placed near the top.

China's apparel and fashion retail market reached nearly 460 billion U.S. dollars in 2025, maintaining its position as the world's largest single market. Global fashion e-commerce penetration rate rose from 18 percent in 2020 to approximately 36 percent in 2025, surpassing 45 percent in emerging markets.

On sustainability, approximately 72 percent of global consumers said they were willing to pay a premium for sustainable products, with most accepting a markup of 5 to 10 percent. The report devoted a dedicated chapter to artificial intelligence, noting that 58 to 60 percent of global fashion retailers have integrated AI into operations and marketing.

The report concluded that Shanghai Fashion Week is at a critical transition from scale expansion to capability upgrading, and should deepen integration of local culture, contemporary design and haute couture to strengthen its role as a commercial hub connecting design with consumption.

Original link: https://en.imsilkroad.com/p/350009.html

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Xinhua Silk Road: Shanghai Fashion Week ranks 4th in latest vitality index report