# YPE Vina and Korea Circuit start construction of $270M electronic component plant in Vinh Phuc

YPE Vina Co Ltd and Korea Circuit Co Ltd began construction of a $270 million electronic component plant in Dong Soc industrial cluster, Vinh Phuc, Vietnam. The factory will manufacture integrated circuits for Samsung and Apple, is expected to become operational in June 2022, and create approximately 5,000 jobs.

- Type: New facility
- Announced: 2020-09-30
- Where: Dong Soc industrial cluster, Vinh Phuc, Vietnam
- Value: $270.0M
- Jobs: 5,000
- Starts operating: Jun 2022
- Status: under construction
- Products: integrated circuits
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [YPE Vina](https://endata.com/companies/50271.md)
- [Korea Circuit](https://endata.com/companies/50272.md)
- [Young Poong Group](https://endata.com/companies/50273.md) (investor)

## Sources

- [bizhub.vietnamnews.vn](https://bizhub.vietnamnews.vn/work-starts-on-south-korea-funded-electronic-component-factory-in-vinh-phuc-post319072.html), 2020-09-30: "Covering 13.5ha, the US$270-million factory will manufacture integrated circuits for Samsung and Apple."
- [english.vov.vn](https://english.vov.vn/en/economy/work-starts-on-rok-funded-electronic-component-factory-in-vinh-phuc-782589.vov), 2020-10-01: "Covering 13.5 hectares, the US$270 million factory will manufacture integrated circuits for Samsung and Apple."

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