Vietnam tech firm FPT launches auto unit, plans US$100mil investment


HANOI: Vietnam's leading tech firm FPT has established an automotive technology subsidiary in Texas, it said on Thursday (Dec 14), with a US$100-million plan to expand globally to serve clients such as Hyundai and Honda.

The unit, FPT Automotive, is backed by the software arm of Vietnam's biggest listed tech company by market value, FPT, which offers AI, cloud and big data services to clients across the world and is also growing in chip design and education.

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Vietnam , FPT , automotive , Texas

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