Increased Government Aid Propelling Growth Opportunities in the Semiconductor Market in Vietnam: Technavio Report

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London, 30 January 2015: TechNavio, the independent tech-focused global research firm, has published a report on the Semiconductor Market in Vietnam 2015-2019, which is expected to grow at a CAGR 14.3 percent during the forecast period of 2014-2019.

Currently, the Semiconductor market in Vietnam is expected to have huge growth potential considering the country’s growing economy. The increase in consumption of electronic devices such as smartphones, tablets, and set-top boxes is the major driving factor for semiconductor IC sales in Vietnam.

Recent advances in technology, along with improved durability, reduced energy consumption, superior performance, enhanced quality, and highly efficient features of semiconductor ICs, are making them an attractive solution in the Semiconductor industry.

“Vietnam has high growth potential in the Semiconductor industry, leading to the establishment of several global electronic device manufacturers in the country,” says Faisal Ghaus, Vice President of TechNavio.

“The government also has created policies and regulations to increase the investments in the country, which focuses toward restructuring the Semiconductor market in Vietnam.”

Key Market Drivers

  • Increased Demand for Electronic Devices
  • Steady Growth of Semiconductor Wafer Industry
  • Decline in Cost per Function of ICs
  • Emergence of 3D Chip Packaging
  • Increase in New Product Development

Key Market Trends

  • Short Replacement Cycle of Portable Electronic Devices
  • Increased Government Aid
  • Emergence of Product Miniaturization
  • Fabless Semiconductor Companies
  • Shift from Aluminum to Copper Interconnections
  • Increased R&D Spending

Key Market Vendors

  • FabMax BV
  • GES Inc.
  • Intel Corp.
  • Lam Research Corp.
  • M+W Group
  • NXP Semiconductors NV
  • QAM Asia Pte Ltd.
  • Saigon Industry Corp. (CNS)
  • STMicroelectronics Corp.
  • Surplus Global

To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.…