The Netherlands’ BE Semiconductor Industries N.V (Besi), a leading global supplier of semiconductor assembly equipment, plans to expand its footprint in Southeast Asia with a new production facility in Vietnam.

In its recently-release Annual Report 2025, Besi said the “capital expenditures will range between €10 million and €12 million in 2026 primarily associated with the start of construction of a new Vietnamese production facility.”

This initiative follows the establishment of Besi’s production capabilities in the country in 2024 and an expansion throughout 2025. The move is a component of Besi’s strategic reorganization, which involves transferring production and supply chain activities to Asia to serve a customer base that is migrating from China to Southeast Asian hubs.

The move is part of Besi’s plan to invest $100 billion globally, including $1 billion in Vietnam, $1.3 billion in Malaysia, and $7 billion in Singapore, information from Besi’s March 2026 investor relations’ presentation slides showed.

Besi started investing in Vietnam in 2023 when it received license to build a $5 million factory in Ho Chi Minh City. The plant was inaugurated in February 2024.

In July 2024, Besi expanded the project with an additional investment of $42 million. The project’s products are machines for manufacturing semiconductor items.

Despite tariff, Samsung’s Vietnam subsidiaries earn profit of $3.7B in 2025, up 12%