FPT Semiconductor released its first batch of integrated circuits (ICs) in August 2022. These integrated circuits are designed in Vietnam and manufactured in Korea, and will be used for medical devices of the Internet of Things. By 2023, FPT Semiconductor plans to provide 25 million chips of seven types worldwide to meet different needs in telecommunications, Internet of Things, automotive technology, energy, electronics and other fields.

Nguyen Vinh Quang, founder and CEO of FPT Semiconductor, said: "We look forward to contributing to the rapid growth of the semiconductor industry in Vietnam and Asia in a wider range." He also said: "FPT Semiconductor looks forward to becoming the preferred chip supplier for Vietnamese enterprises, and further becoming the preferred chip supplier for Japan, South Korea, Taiwan, mainland China, the United States and Europe."

After 23 years of leadership in the field of IT services and solutions in Vietnam, FPT Software decided to enter the field of wafer free manufacturing. With the establishment of FPT Semiconductor, FPT Software continues to expand its integrated ecosystem of digital transformation services and solutions. Based on its global business landscape and years of experience in various fields, FPT Software hopes to provide accompanying services to customers through consulting and implementing customized solutions, as well as the supply of semiconductor components added to its current product portfolio.

Tran Dang Hoa, chief operating officer of FPT Software and chairman of FPT Semiconductor, said, "We are proud that the entire research and development process was carried out by FPT Software's top engineer team in Vietnam." He added: "The establishment of FPT Semiconductor proves Vietnam's wisdom and our commitment to continue to explore development fields and bring technological progress to the business community."

Semiconductor is an important part of many industries from consumer electronics to aerospace. Since the epidemic, the demand for semiconductors has been strong. The progress of semiconductor technology is crucial to promote the development of a new wave of transformation technologies, including artificial intelligence (AI), 5G, autonomous electric vehicles and Internet of Things solutions 3.