Infineon, a German chipmaker, intends to hire more qualified workers in Asia as tensions between the United States and China escalate, putting more strain on the supply chain.
In an interview with Nikkei Asia, Infineon's Asia-Pacific president and managing director Chua Chee Seong stated that the business intends to hire more employees in India and considerably grow its personnel in Vietnam, adding "multiple hundreds of engineers."
"I think Southeast Asia and South Asia's importance in terms of chip talent and the chip supply chain will only increase in the coming years," Seong said in an interview with Nikkei Asia.
India, as well as other Southeast Asian countries, have become increasingly appealing FDI destinations for Western corporations seeking secure markets to expand their supply chains. Taiwan, which remains the world's leading chip provider, with clients including Apple and NVIDIA, is currently facing military threats from China as Beijing ramps up unification negotiations.