Thailand Rolls Out National Strategy To Boost Semiconductor Industry
BANGKOK, Jan 8 (Bernama) -- Thailand has unveiled a national strategy to expand its semiconductor industry, focusing on power semiconductors, sensors, photonics, discrete devices and analogue chips to build a complete value chain.
Secretary-General of the Thailand Board of Investment (BOI) and Secretary of the Semiconductor Board, Narit Therdsteerasukdi, said that the strategy targets segments closely linked to Thailand’s electronics manufacturing base and supply chains serving the automotive, energy, data centre and industrial sectors.
He said the strategy was endorsed at a meeting of the National Semiconductor and Advanced Electronics Policy Committee yesterday, chaired by Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas.
“Thailand is focusing on semiconductor segments where we already have strong infrastructure and supply-chain depth, with policy, funding and institutional support aligned across agencies,” Narit said in a statement on Thursday.
He added that demand is driven by electric vehicles, renewable energy, artificial intelligence infrastructure and smart manufacturing.
Narit said Thailand aims to attract more than 2.5 trillion baht (US$79 billion) in investment by 2050, develop over 230,000 skilled workers and establish a fully integrated semiconductor ecosystem.
He said that in the near term, the strategy will prioritise semiconductor assembly and testing, integrated circuit design and advanced electronics manufacturing, while encouraging upstream investment such as wafer fabrication.
“Between 2018 and November 2025, investment promotion applications in the electrical and electronics sector totalled 1.17 trillion baht (US$37.0 billion) across 1,748 projects, accounting for 19 per cent of total promoted investment,” said Narit.
He added that several global firms, including Infineon, Analog Devices, Lumentum, Microchip Technology and Foxsemicon Integrated Technology, have expanded operations in Thailand.
-- BERNAMA