Bangkok Post
Thailand eyes $80bn in semiconductor investment by 2050
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Thailand is targeting $80 billion in semiconductor investment by 2050 and the creation of 230,000 jobs as part of a national strategy announced on Thursday.
Key facts
- Thailand is targeting $80 billion in semiconductor investment by 2050 and the creation of 230,000 jobs as part of a national strategy announced on Thursday.
- The plan aims to build a fully integrated domestic chip ecosystem by 2050 with a target of generating $150 billion in annual revenue, Deputy Prime Minister Ekniti Nitithanprapas said.
- From 2023 through the first half of 2026, it received investment-promotion applications for 879 semiconductor and advanced electronics projects worth $27.2 billion (909 billion baht).
- The Boi said that by 2030, Thailand will reinforce its established assembly and testing base, scale advanced packaging capabilities and lay the foundations for front-end wafer production.
Summary
The plan aims to build a fully integrated domestic chip ecosystem by 2050 with a target of generating $150 billion in annual revenue, Deputy Prime Minister Ekniti Nitithanprapas said.
He outlined the goals after a meeting of the new National Semiconductor and Advanced Electronics Policy Board, which he chairs.