LG Innotek builds $1 billion semiconductor substrate factory at Hai Phong — groundbreaking Q3/2026, completion 5/2027.
LG Innotek will commence construction of 330,000m² facility producing RF-SiP, FC-CSP, FC-BGA chip substrates at Hai Phong in Q3/2026, completion May 2027, total investment $1 billion.
Recommended actions
Contact LG Innotek Vietnam at Hai Phong immediately to register subcontractors and suppliers during July–August 2026 when project is launching.
Recommended actions
- 1Find LG Innotek Vietnam HGWS (Hai Phong) Procurement department contact information via official website or KOTRA Hanoi.
- 2Prepare capability documents in English/Korean including equivalent project experience, ISO 9001/14001 certifications and product portfolio.
- 3Register as supplier on LG Electronics Vietnam portal for automatic review process.
- 4Consult KOTRA Hanoi for B2B connection support with LG Innotek.
Why it matters
Subcontractor window is opening now — 12-month construction phase ahead is golden time for Vietnamese enterprises to access construction, materials supply, technical services and logistics contracts before factory commences operations.
Who is affected
Construction contractors at Hai Phong, electronic components suppliers, logistics and technical service companies, chemical and advanced manufacturing materials suppliers.
Opportunity
Construction, materials supply and technical service contracts for $1 billion project; upon completion may become regular operational materials supplier.
Risk
LG typically uses Korean main contractors; Vietnamese enterprises can only access tier-2–3 contracts and must meet strict technical standards.
Scores