FPT
28.2.2024 10:31:29 CET | Business Wire | Press release
Global IT corporation FPT recently signed a Memorandum of Understanding (MoU) with the multinational industrial technology conglomerate Siemens, fostering collaboration and mutually beneficial business opportunities in advancing the manufacturing sector and semiconductor chip production while accelerating digital transformation globally.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240228584022/en/
Nguyen The Phuong, Executive Vice President and Chief Finance Officer of FPT Corporation (L), Pham Thai Lai, President & CEO of Siemens ASEAN & Vietnam (R), and both parties’ representatives. (Photo: Business Wire)
FPT and Siemens will join forces in areas such as smart infrastructure, green and intelligent data centers, digital industrial solutions, automotive software development, and digital transformation. Built on the successful partnership on MindSphere IoT Operating System since 2017, the new agreement focuses on strengthening engagement and competencies in digital transformation services for both sides and their clients worldwide, as well as opening up new business opportunities.
Harnessing FPT's robust expertise and high-quality workforce, FPT aspires to become the Global SI Partner for Siemens’ low-code platform - Mendix, and Engineering Services Provider for Siemens EDA, focusing on AUTOSAR projects.
Siemens also invites FPT to join its Xcelerator ecosystem to accelerate digital transformation with Siemens' solutions and applications. Additionally, the two parties will further expand collaboration in the smart infrastructure domain, with Siemens targeting to be the preferred supplier for FPT’s data center network and its sustainable infrastructure development projects in Vietnam.
Leveraging its profound technology foundation in the digital ecosystem, Cloud, and low-code, Siemens commits to aiding FPT with access to training and knowledge-sharing on a large scale. The German powerhouse will also provide support and explore collaboration with FPT in semiconductor design and manufacturing, one of FPT’s pivotal areas for future growth. As a leading chipmaking company in Vietnam, FPT also aims to supply semiconductor chips to Siemens.
Speaking at the signing ceremony, Dr. Truong Gia Binh, FPT Chairman & Founder, said: “FPT focuses on five keywords: Digital transformation, Green transformation, Artificial Intelligence, Automotive, and Semiconductor. Our greatest resource is our talented people, with 32,000 digital transformation experts working across the globe. In the future, we plan to invest in AI supercomputers and workforce training and development, prioritizing NVIDIA certifications and advancing innovations in industries such as automotive and semiconductor. I believe these will be the stepping stones to enhance cooperation between FPT and Siemens.”
Mr. Roland Busch, Chairman and CEO of Siemens AG, affirmed that FPT and Siemens have many commonalities: “Siemens has extensive experience in the semiconductor industry, and we are confident in our capability to provide FPT with technological support. Furthermore, Siemens boasts expertise in various domains, including smart infrastructure and digital industrial solutions. We are positioned to leverage these technologies to enhance product adaptability in daily life. Consequently, Siemens is fully prepared to collaborate closely with FPT in their future endeavors, offering comprehensive support and innovative solutions.”
Siemens and FPT have years of experience in successful collaboration, varying across sectors and industries. With a track record of success and extensive experience, FPT has established itself as a world-class technology enabler for complex business challenges and opportunities. Post surpassing one billion USD in revenue from global IT services in 2023, the Vietnam-headquartered tech corporation aims to achieve USD 5 billion in revenue from global IT services by 2030 and reach billion-dollar milestones from a single market, a single vertical industry and a single contract.
The signing ceremony took place in Hanoi, Vietnam, on 26 February 2024, with the participation of Dr. Roland Busch, Siemens AG President & Chief Executive Officer; Dr. Pham Thai Lai, President & Chief Executive Officer of Siemens ASEAN & Vietnam; Dr. Truong Gia Binh, FPT Corporation Chairman, Mr. Nguyen The Phuong, FPT Corporation Executive Vice President and Chief Finance Officer, as well as both companies’ senior leaders.
About FPT Corporation
FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam. FPT operates in three core sectors: Technology, Telecommunications, and Education. During over three decades of development, FPT has constantly provided practical and effective products to millions of people and tens of thousands of business and non-business organizations worldwide, establishing Vietnam’s position on the global tech map. Keeping up with the latest market trends and emerging technologies, FPT has developed the Made-by-FPT ecosystem of services, products, solutions, and platforms, which enables sustainable growth for organizations and businesses and offers distinctive experiences to customers. In 2023, FPT recorded a total revenue of US$2.17 billion and 70,000+ employees. For more information, please visit https://fpt.com.vn/en.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240228584022/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Ant Group’s Alipay AI Pay and AI Health App AQ Each Surpass 100 Million Users During CNY as AI Adoption Accelerates in China23.2.2026 10:48:00 CET | Press release
As AI adoption gained momentum during the 2026 Chinese New Year, Ant Group announced today that both Alipay AI Pay and its AI health app AQ have each surpassed the 100 million user milestone. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260223266559/en/ A Chinese consumer paying with Alipay AI payment solution while ordering coffee AI Payment Adoption Accelerates amid CNY AI Shopping Boom From ordering bubble tea and coffee to buying movie tickets, Chinese consumers embraced AI-powered services in everyday scenarios during this year’s holiday, driving a surge in Alipay AI Pay usage. Alipay AI Pay has surpassed 100 million users on February 23, becoming the world’s first AI-native payment product to reach this milestone. This surge highlights the broad commercial adoption of AI-powered payments. During the week of February 5-11, Alipay AI Pay processed over 120 million transactions. Launched in 2025, Alipay AI Pay is an inn
Australian Motoring Service Adds Support for Apple’s Roadside Assistance via Satellite through Infobip23.2.2026 10:43:00 CET | Press release
Off-grid communication brings enhanced safety and reliability to drivers with iPhone 14 or later Global cloud communication platform Infobip supports Apple’s Roadside Assistance via satellite feature through Australian Motoring Service (AMS).* The groundbreaking technology enables drivers with iPhone 14 or later to request help and text with AMS — even in areas without cellular coverage — marking a significant advancement in automotive safety and customer service in Australia. According to the Australian Government, many parts of Australia’s regional and remote areas have no or poor mobile reception, which can make roadside assistance challenging. By leveraging Apple’s Roadside Assistance via satellite on Infobip's Cloud Contact Center solution, AMS provides critical support to stranded motorists in remote locations, including isolated highways, national parks, and mountainous regions. Rebecca Stenhouse, Chief Executive Officer at AMS, said: “At AMS, our priority is ensuring the safety
AOP Health on Rare Diseases: Information. Collaboration. Innovation.23.2.2026 10:00:00 CET | Press release
Why closing knowledge gaps matters for patients, healthcare and innovation. Between 27 and 36 million1 people in Europe are living with a rare disease, yet only around six percent currently have access to an approved treatment2. Progress in diagnosis and treatment is often slowed by knowledge gaps, including the lack of clear, reliable, and patient-friendly information needed to support informed decision-making. Drawing on 30 years of experience in researching and developing therapies for rare diseases, AOP Health underscores the importance of collaboration across the healthcare community. On Rare Disease Day 2026, the company joins healthcare professionals, researchers and patient representatives in highlighting the need for closer cooperation to generate, share and better use scarce data to improve care for people living with rare diseases. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260223167500/en/ Rare Diseases: Coll
AHS Tower Fully Sold During Development, Generating More Than USD 700 Million23.2.2026 08:55:00 CET | Press release
A new commercial landmark on Sheikh Zayed Road underscores market momentum for next-generation workspaces in Dubai. AHS Properties has confirmed that 100 percent of inventory at AHS Tower has been sold, generating more than USD 700 million in revenue during the development phase, a clear indicator of strong market demand for its flagship commercial project. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260222540070/en/ AHS Tower Fully Sold During Development on Sheikh Zayed Road (Photo: AETOSWire) Rising 69 storeys above Sheikh Zayed Road, the tower is positioned within minutes of DIFC and the Museum of the Future. Designed by internationally acclaimed architecture firm Killa Design, with interiors by AHS Atelier, it represents a defining step in AHS Properties’ expansion from ultra-luxury residential developments into Grade A commercial real estate. This demand comes amid a year of exceptional business growth in the UAE, w
SOLUM Brings Retail in Sync to EuroShop 2026 with Integrated Retail Innovations23.2.2026 08:00:00 CET | Press release
SOLUM (KOSPI: 248070) brings ‘Retail in Sync’ to EuroShop 2026, unveiling new retail display innovations and integrated solutions that connect technology, operations and data to create more agile and scalable retail environments. By connecting pricing, communication and store operations within a unified framework, SOLUM aims to help European retailers improve efficiency, create new value and advance sustainability initiatives. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260222220569/en/ At EuroShop, SOLUM will present practical applications that combine connected display technologies with data and analytics in real store environments. (Image: SOLUM) At EuroShop, SOLUM will present practical applications that combine connected display technologies with data and analytics in real store environments. Vision AI will demonstrate personalized product recommendations linked to electronic shelf labels (ESL), while Bluetooth Low E
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom