Marvell’s Million-Dollar Lab Facility
Marvell’s Multi-Million Dollar Lab in Ho Chi Minh City
Marvell Technology, Inc. (NASDAQ: MRVL), a global leader in semiconductor technology, recently inaugurated its new office in Ho Chi Minh City, Vietnam.
The facility at eTown6 is equipped with a state-of-the-art lab featuring advanced testing tools for semiconductor chip development. The equipment is valued at several million dollars.
Advanced semiconductor equipment
Sandeep Bharathi, Global Head of Data Centers at Marvell, stated, “This new lab underscores our long-term commitment to chip research and testing, reflecting our confidence in Vietnam’s strategic role as a global semiconductor innovation hub.”
Marvell aims to expand its team of engineers in Vietnam, fostering breakthroughs in semiconductor technology. These innovations will shape the future of AI data infrastructure.
Ho Chi Minh City officials pledged support for Marvell’s R&D efforts, technology transfer, and engineering training initiatives in Vietnam.
Marvell’s Vietnam journey
Established in 2013 with a small team in Tan Thuan Export Processing Zone, Marvell Vietnam initially focused on design verification. Today, it engages in the full IC design process, from architecture to physical design and firmware development.
In 2023, Marvell announced plans to grow its Vietnamese engineering team by 50% within three years. Vietnam is now Marvell’s third-largest R&D center globally, with over 500 engineers.
Vietnam’s Semiconductor Industry Roadmap
Vietnam’s semiconductor industry holds immense potential. The National Semiconductor Industry Development Strategy outlines a three-phase growth plan through 2050.
Phase 1 (2024–2030): Become a global semiconductor talent hub with foundational capabilities across research, design, manufacturing, and testing. Revenue target: $25 billion annually. Workforce: 50,000 engineers and professionals.
Vietnam’s semiconductor vision
Phase 2 (2030–2040): Emerge as a global semiconductor and electronics hub. Revenue target: $50 billion annually. Workforce: 100,000 engineers and professionals.
Phase 3 (2040–2050): Lead globally in semiconductor and electronics innovation. Revenue target: $100 billion annually. Achieve self-reliance with a robust semiconductor ecosystem.
Currently, Vietnam has 7,000 engineers in IC design, 6,000 engineers, and 10,000 technicians in packaging and testing. Over 100 Vietnamese semiconductor experts worldwide contribute to the innovation network.
Vietnam hosts 170 foreign semiconductor projects totaling $11.6 billion, including Intel ($4.1 billion), Amkor ($1.6 billion), and Hana Micron ($673 million).
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On the afternoon of October 1st, at the Party Central Headquarters, General Secretary Tô Lâm received Mr. Sandeep Bharathi, Chairman of Marvell Global Group, USA. The General Secretary highlighted key priorities for Marvell to enhance its investment in Vietnam, including supporting the development of data centers, advancing the semiconductor industry, and training the workforce.
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