Known by the name FPT Semiconductor, a proud member of the leading technology conglomerate FPT Group in Vietnam, this pioneering semiconductor design company has set out to bring “Chip make in Vietnam, Made by FPT” to the world. To gain today’s achievements, it has been a long, and dedicated journey for FPT Semiconductor to pursue the dream of Vietnamese chips, a journey that continues to unfold as they strive to bring Vietnamese chips to the global forefront.
A Decade of FPT Semiconductor’s Journey in Nurturing the Vietnamese Chips Dream
The decade-long journey commenced with the first steps in 2014 of the “Vườn ươm” Club specializing in outsourcing semiconductor products. This served as the precursor to today’s FPT Semiconductor, featuring a team of young Vietnamese engineers brimming with enthusiasm and ambition to take on projects worldwide. Along the development journey, “Vườn ươm” realized that Vietnamese engineers are completely capable of mastering chip design that follows global standards, and began nurturing the dream of producing “Chip make in Vietnam”.
With relentless efforts to win over domestic and global clients, the unit laid the foundation for robust development. After eight years of executing hundreds of projects worldwide, the vision to manufacture indigenous chips came to reality in 2022 with the establishment of FPT Semiconductor. They quickly announced the official successful design of the power management chips for the Internet of Things (IoT) in healthcare sector, marking a significant milestone for FPT in general and the semiconductor industry in Vietnam as a whole.
FPT Semiconductor Paves the Way for Vietnamese Chip Exports
Since its introduction in 2022, FPT Semiconductor has consistently demonstrated its capabilities in the field of Power Management Chip (PMIC) design, and IoT chips, with eight products designed and led by Vietnamese engineers. These chips cater to various sectors, including technology, telecommunications, IoT, lighting devices, smart devices, automotive technology, energy, and consumer electronic appliances.
In the global context, FPT Semiconductor has secured export orders, projected to supply 25 million chip units, making history as the first Vietnamese enterprise to successfully export semiconductor chips. This achievement not only reflects FPT Semiconductor’s success but also signals a commendable milestone for the Vietnam Semiconductor Industry.
From the very first day, FPT Semiconductor has set its sights on becoming a pioneering Vietnamese enterprise and a leader in the semiconductor industry in Vietnam, supplying chips to both domestic and global partners. In pursuit of this vision, FPT Semiconductor shows continuous efforts in nurturing internal capabilities and seizing opportunities over 8 years of experience, solving global challenges, and assembling a team of passionate, outstanding engineers.
Once acknowledged the emerging trend in the semiconductor market with breakthrough potential following the global chip crisis, the shift of FDI investments to Vietnam, and the economic recovery post Covid-19 pandemic, FPT Semiconductor strategically chose the timing to launch and announce a series of chip products, resonated not only in Vietnam but also across the region.
Since its introduction in 2022, FPT Semiconductor has consistently affirmed its leading position in source chip design, particularly in PMIC and IoT chips. In just over a year, FPT Semiconductor has introduced 8 chip products to the market, led by Vietnamese designers, serving a wide range of sectors including technology, telecommunications, IoT, lighting devices, smart devices, automotive technology, energy, and consumer electronics.
In the global context, FPT Semiconductor has secured signed export contracts at the number of 70 million chip units being ordered and shipped for the Japanese and Korean market. Projected to supply 25 million chip units and making history as the first Vietnamese enterprise to successfully export semiconductor chips, the year of 2024 is promising with FPT Semiconductor. This achievement not only reflects FPT Semiconductor’s success but also signals a commendable milestone for the Vietnam Semiconductor Industry.
Aspirations and Mission to Elevate the Vietnam Semiconductor Industry
Not content with merely bringing products to international markets, FPT Semiconductor aims to focus on deploying and providing ‘Chip Make In Vietnam Made By FPT’ to domestic conglomerates. This strategic direction aims to contribute to sustainable development and complete the supply chain for manufacturing devices for Vietnamese users in the 2023-2025 period..
The aspirations and mission of FPT Semiconductor extend beyond chip production; they are dedicated to advancing the semiconductor industry in Vietnam and “boosting” it further on a global scale.
Acknowledging the responsibility and mission of a ‘pioneer,’ FPT Semiconductor intertwines its success with that of the Vietnamese semiconductor industry. FPT Semiconductor establishes specific goals and actions aimed at enhancing the quality and influence power of the domestic semiconductor sector.
Not content with merely bringing products to international markets, FPT Semiconductor aims to focus on deploying and providing ‘Chip Make In Vietnam Made By FPT’ to domestic conglomerates. This strategic direction aims to contribute to sustainable development and complete the supply chain for manufacturing devices for Vietnamese users in the 2023-2025 period.
Furthermore, FPT Semiconductor maintains approachable, creating learning opportunities and semiconductor internships for future and young engineers. This effort is made to impart knowledge and provide a deep practical environment, thereby enhancing the quality of the semiconductor workforce in the near future.
Over the past year, FPT Semiconductor has made a significant contribution to the revenue of the Vietnamese semiconductor industry, giving expectations for a promisingrevenue growth in the coming year. Concurrently, the company is committed to training and nurturing the potential young workforce for the future. The aspirations and mission of FPT Semiconductor extend beyond chip design, reaching beyond individual achievements, to actively contribute to the national semiconductor industry’s growth and global standing.