FPT partners with leading Korean Semiconductor company to develop next-generation chips

As part of the Vietnam – Korea Economic Forum 2025, and in the presence of General Secretary To Lam, South Korean Prime Minister Kim Min Seok, and senior leaders from both countries, FPT Corporation signed strategic cooperation agreements with ABOV Semiconductor and Gachon University. These agreements aim to accelerate semiconductor technology development and foster high-quality human resource training between Vietnam and South Korea amid rapid global digital economic growth.

Collaborating with ABOV Semiconductor to Develop Next-Gen Chips

FPT has signed a cooperation agreement with ABOV Semiconductor, a leading semiconductor company in South Korea specializing in the design and manufacturing of microcontrollers and memory chips. The partnership focuses on joint research, design, and development of semiconductor chips, expanding market reach, and promoting the application of semiconductor products in Korea.

Under the agreement, the two sides will promote the use of chips designed by FPT—particularly in the Korean market—and co-develop next-generation chip product lines. The partnership also includes the development of competitive semiconductor products and the flexibility to collaborate on other projects depending on specific needs.

As part of its semiconductor development roadmap in South Korea, FPT aims to contribute to building a comprehensive semiconductor ecosystem—from workforce development to service delivery—towards sustainable and long-term growth. FPT currently offers strong capabilities in customized integrated circuit (IC) design services and plans to expand into advanced packaging and semiconductor testing services in the future. South Korea remains a key global semiconductor hub with a market size of approximately USD 87 billion (2023), expected to grow further with continued investment from major conglomerates.

Strengthening High-Tech Talent Development with Gachon University

In the field of education, FPT University signed a partnership agreement with Gachon University—one of South Korea’s top institutions—to advance cooperation through student exchange and training (at both undergraduate and postgraduate levels), joint academic programs, faculty and scholar exchanges, academic material and research information sharing, and other collaborative academic activities. This agreement is expected to enhance the quality of technology workforce training and strengthen academic and intellectual exchange between Vietnam and South Korea.

Gachon University is renowned for its excellence in IT and advanced technology education, particularly in semiconductors, data science, and artificial intelligence. The university has also collaborated with major tech companies such as Samsung, LG, and SK Hynix.

FPT University, on the other hand, is a pioneer in Vietnam in training for key technology domains including artificial intelligence, cybersecurity, software engineering, and semiconductor design. Its programs are closely aligned with both enterprise needs and international standards.

South Korea – A Strategic Market for FPT in the Asia-Pacific

South Korea is one of FPT’s most important markets in the Asia-Pacific region. Since establishing its presence there in 2016, FPT has grown its team to nearly 2,000 employees, both on-site in Korea and remotely from Vietnam. The company delivers world-class technology solutions and services to leading Korean enterprises such as LG Electronics, LG CNS, Shinhan Bank, Daegu Bank, and Shinsegae I&C.

FPT was previously ranked among the Top 200 tech companies in Korea by Gartner (2020–2021), and is currently the leading Vietnamese company in terms of revenue and workforce scale in this highly competitive market.