Yesterday, Intel announced that by this time next year, it hopes to be producing 80% of its semiconductor chips in Vietnam, reports Tuoi Tre.

The statement was made by Sherry Boger, the CEO of Intel Products Vietnam at a ceremony in HCMC introducing the new Haswell CPU processor.

These fourth generation Intel Core processors are a vital computer component and will be installed in machines across the globe and will be labeled “Made in Vietnam.”

Boger told Tuoi Tre that Vietnamese employees have shown the ability to adapt Intel technologies and have met the company’s expectations.

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These workers were able to get certification to produce the processors in only 2 months and Intel’s Vietnam factories are also churning out chips for tablets and smartphones after 4 years of operation. Boger said that it took factories in Chengdu, China and Malaysia’s 15 and 40 years, receptively to reach a similar milestone.

The 80% target hinges on the ability of local suppliers to meet the high technology standards of the chipmaker.

Vietnam houses the company’s largest overseas facility and is three times larger than a normal Intel assembly and test plant.

Yet another step forward in Vietnam’s quest to having 30 percent of its industrial product deriving from high-tech.

[Tuoi Tre]