Samsung expands Vietnam semiconductor footprint amid $35 billion revenue milestone

Samsung's operations in Vietnam reported significant financial growth in the first half of 2026, with its four major facilities generating approximately $35.2 billion in revenue, a 21% year-on-year increase. Net profit for these units reached roughly $2.31 billion, contributing 17.1% of the group's global revenue and 2.9% of its global net profit.

While Samsung Electronics Vietnam Thai Nguyen (SEVT) remains the largest contributor with $16.2 billion in revenue, there has been a divergence in profit margins. The display manufacturing unit, Samsung Display Vietnam (SDV), saw a 46.8% surge in profit. Conversely, mobile device segments experienced profit declines in the second quarter of 2026 despite revenue growth, indicating pressure on margins.

In a strategic move toward semiconductor expansion, Samsung Electronics plans to import 1,612 new pieces of equipment from South Korea for a chip back-end processing plant being constructed in Thai Nguyen. This facility, managed by the newly established Samsung Vietnam Semiconductor (SVS), is part of a broader investment plan that includes an initial $1.5 billion for a chip testing plant, with potential reinvestment of up to $2.5 billion. The equipment list includes memory burn-in test chambers, sorters, and automated visual inspection machines, signaling a commitment to building a new semiconductor ecosystem in Vietnam rather than merely relocating old machinery.