# LG Innotek invests $1 billion in semiconductor substrate plant in Hai Phong, Vietnam

LG Innotek received an Investment Registration Certificate for a $1 billion investment to build a new semiconductor substrate manufacturing base in DEEP C Hai Phong 2 industrial zone, Vietnam. Construction is scheduled for Q3 2026 with completion targeted for Q4 2027.

- Type: New facility
- Announced: 2026-07-08
- Where: DEEP C Hai Phong 2, Hai Phong Free Trade Zone, Vietnam
- Value: $1.00B
- Starts operating: Q4 2027
- Status: announced
- Products: semiconductor substrates
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [LG Innotek](https://endata.com/companies/17994.md)

## Sources

- [hk.marketscreener.com](https://hk.marketscreener.com/news/compagnie-d-entreprises-cfe-lg-innotek-invests-us-1-billion-in-new-semiconductor-manufacturing-bas-ce7f5ed9db8cf32d), 2026-07-08: "LG Innotek has received an Investment Registration Certificate from the Hai Phong Economic Zone Authority (HEZA) for a US$1 billion investment to establish a new semiconductor substrate manufacturing base in DEEP C Hai Phong 2 industrial zone"
- [en.wedoany.com](https://en.wedoany.com/shortnews/377066.html), 2026-07-09: "This project marks LG Innotek's first semiconductor substrate manufacturing base in Vietnam and a key milestone in expanding its packaging solutions business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.