Thailand announced a major national semiconductor strategy targeting $80B investment and 230,000 jobs by 2050, aiming to build a fully integrated domestic chip ecosystem generating $150B annual revenue. The phased plan prioritizes moving upstream from assembly/packaging into chip design, wafer fabrication, and advanced manufacturing, with three strategic platforms: photonics for AI/data centres, power semiconductors for EVs, and sensors for IoT. Government support includes tax incentives, R&D investment, and infrastructure—already showing momentum with $27.2B in promotion applications since 2023. Infineon's new Thai factory opening in October signals growing regional interest.
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