Welcome to Vietnam Chipscale Advanced Packaging Services (V-CAPS), the “Virtual IDM”!. Providing an alternative approach to outsourced semiconductor assembly and test. V-CAPS offers its clients a unique solution for meeting their long term chipscale package manufacturing requirements. Combining the best of the captive and outsourced worlds, V-CAPS has developed a business model that addresses the needs of IDMs seeking a low risk asset-lite solution, and of Fabless semiconductor companies desiring the benefits of captive capacity without the risks. V-CAPS objective is not to displace existing IDM or OSAT companies, it is simply to offer a high quality, low cost alternative.
A key objective of V-CAPS alternative approach, is to build the company around the principles of “lean six sigma”. Bringing value to our clients, investors, and partners is the focus of the management and employees alike. As part of our objective to create value, V-CAPS will strive to be “green”, not only in our manufacturing process, but in our corporate culture.
Semiconductor assembly and test manufacturing has been migrating across the Asian continent since the late 1960s and early 1970s. In the early years, when most manufacturing was relatively low tech and handled in a manual or semi-automated environments, this migration was driven by low labor costs. Despite the advance in technology and manufacturing techniques, semiconductor assembly and test facilities continue to establish new operations in lower labor cost countries such as China and India, as locations such as Taiwan, Singapore, Malaysia, and the Philippines have become progressively more expensive.
As packaging and test technologies continue to advance, companies have started recruiting skilled engineering and technical talent in addition to low cost direct labor. Nations like China, India, and the Philippines are graduating massive numbers of engineers each year. Factories that were once run by a high complement of experienced expatriates in a few key engineering and operations posts, managing relatively low skilled employees, now are being replaced by large numbers of highly skilled local engineers in both line and management positions. Companies that have been able to do this with indigenous engineering talent have been able to significantly lower their overhead. Nevertheless, even the more recent outsource countries, such as China and India, are already facing shortages of skilled engineering talent and salaries are rising rapidly. As a result, Vietnam has become an increasingly attractive prospect for semiconductor assembly and test providers. |
