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(May 14, 2008) Hanoi, VIETNAM — Vietnam-Chipscale Advanced Packaging Services, an an outsource semiconductor assembly and test services (OSATS) provider based in Vietnam, has been presented with its investment certificate from th Vietnamese government, recognizing the company as a 100% foreign owned venture.
The company will now reportedly move forward with plans to set up a 35,000 sq. m. semiconductor assembly and test facility at the Hoa Lac Hi-Tech Park, approximately 30 km outside of Hanoi in Ha Tay province.
"We are very excited about completing this major milestone for V-CAPS," said Harry Rozakis V-CAPS CEO/President." We have known for some time that locating in Vietnam marks the next logical progression for the semiconductor assembly and test business as it migrates across the Asia-Pacific region.
According to company officials, the V-CAPS facility will be one of the "green" factories in the OSAT market. The company anticipates being operational before the end of 2009.
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