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Thailand Targets $80 Billion Chip Investment by 2050 Under First National Strategy

MT Newswires Live
Sep 25

Thailand approved its first national semiconductor and advanced electronics strategy, targeting about $80 billion in cumulative investment and $150 billion in annual industry revenue by 2050, the country's Board of Investment announced Thursday.

The three-phase roadmap aims to strengthen assembly and testing by 2030, attract upstream investments including chip design and wafer fabrication by 2040, and establish a complete domestic supply chain by 2050.

The strategy prioritizes photonics, power semiconductors and sensors, while targeting more than 230,000 new jobs. A workforce program aims to develop 86,600 people by 2030, including 84,900 highly skilled personnel and about 1,700 advanced researchers.

From 2023 through the first half of 2026, BOI received investment-promotion applications for 879 semiconductor and advanced electronics projects worth about $27.2 billion, it said.

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