Two Significant Chipmakers Gear To Resume 100% Production In Vietnam, Unclog Supply Chain

Intel Corp INTC and Samsung Electronics Co Ltd SSNLF aim to resume entire operations of their Ho Chi Minh City plants by November end, signaling some relief for the supply chain disruptions, Bloomberg reports.
Many companies operating in Saigon Hi-Tech Park lost about 20% of their export orders in July and August due to the pandemic's resurgence in Vietnam.
Saigon Hi-Tech Park is helping its tenants, including those running at about 70% capacity, operate fully in November.
The Ho Chi Minh City unit of magnetic card readers and micro motors maker Nidec Sankyo Corp aims to return to entire operations in late November.
In July, Samsung shut 3 of its 16 workshops in Saigon Hi-Tech as it also reduced workers at its HCMC CE Complex by more than half.
Intel's test and assembly plant in Saigon Hi-Tech had its workers on a sleepover arrangement.
Price Action: INTC shares traded lower by 0.65% at $53.10 in the market session on the last check Tuesday.