A research center in Ho Chi Minh City has introduced the first Vietnamese-made microchip to the local market.
On October 3, the Vietnam National University's Integrated Circuit Design Research and Education Center announced that the SG8V1 microchip is competitive with imported chips in terms of both performance and price.
Ngo Duc Hoang, the center’s director, said the chip would sell for around one-third the price of imported microchips.
The center has tested SG8V1 on some commercial products available on the market, such as GPS tracking devices, motorbike drive recorders, smart locks and electricity meters.
It will launch a series of products that run on the SG8V1 later this year.