Cadence Design Systems, Inc. (Nasdaq: CDNS) and Saigon High-Tech Park (SHTP), the leading high-tech hub in Vietnam, today announced a collaboration to foster electronic design expertise and advance the semiconductor industry in Vietnam. Through the collaboration, Cadence plans to explore the opportunity to provide its IC design software tools and relevant training programs to local universities through the Cadence Academic Network.
Michael Shih (left), Corporate Vice President of Sales for Asia Pacific and Japan, Cadence and Nguyen Anh Thi (right), President of SHTP in Vietnam, signed a Memorandum of Understanding (MoU) on nurturing the next generation of IC design expertise in Vietnam.
The universities involved in the collaboration are known for their strong engineering departments and provide access to a valuable talent pool for the growing IC design industry in the region. The collaboration is intended to enable these students to gain practical experience in IC design and verification and a means to learn how to solve complex technical challenges when creating ICs, packages, PCBs, and complete systems.
"We are delighted to work with Cadence, a leading EDA company that is strongly committed to advancing education and research in the field, and we look forward to a fruitful collaboration," said Nguyen Anh Thi, president of Saigon Hi-Tech Park. "This program will enable our students to gain access to the latest technology and methodologies in IC and system design and acquire practical experience that will help them succeed in the high-tech industry. We believe that this collaboration will contribute significantly to strengthening the capability of SHTP Chip Design Center (SCDC) and therefore the development of the local semiconductor industry and the growth of the Vietnamese economy."
"SHTP plays a vital role in fostering the development of the high-tech industry and promoting innovation and creativity in the region. We are excited to collaborate with SHTP and these prestigious universities to support the expansion of electronic design expertise in Vietnam," said Michael Shih, corporate vice president of sales for Asia Pacific and Japan, Cadence. "By providing access to our software tools, we aim to equip the next generation of engineers with the skills they need to contribute to the growth of the high-tech industry in Vietnam."