Can Southeast Asia pitch itself as an ‘all-in-one’ chip hub?

Southeast Asia is riding an investment boom, as a surge in chip exports pushes economies like Vietnam and the Philippines up the World Bank’s income ladder, as defined by the World Bank. Two forces are driving this surge: the AI wave and an intensifying rivalry between Washington and Beijing that has companies scrambling to diversify where they make things. Together, these trends are building a regional chip export industry worth roughly $258 billion. But Southeast Asian governments aren’t satisfied with just housing a chip foundry or a packaging facility.

Source: Fortune Crypto