Thailand eyes $80 billion in semiconductor investment by 2050 under new strategy
FILE PHOTO: Thailand’s Finance Minister Ekniti Nitithanprapas speaks during an event to unveil policies ahead of the general election in February, in Bangkok, Thailand, December 24, 2025. REUTERS/Chalinee Thirasupa/File Photo
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BANGKOK, Sept 24 : 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, Finance Minister Ekniti Nitithanprapas said in a statement from the Board of Investment, adding the framework would provide investors with a clear long-term roadmap.
• Thailand has an established chip industry that is concentrated mostly in assembly and packaging. Ekniti said the programme aims to move Thailand into higher-value segments of the global semiconductor supply chain.
• The government will provide support through tax incentives, regulatory reforms, workforce development, infrastructure upgrades and research and development investment, he said.
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• The strategy will be implemented in phases, starting with strengthening packaging and testing before expanding into chip design and wafer fabrication, Ekniti said.
• Thailand will focus on three priority technologies: photonics, power semiconductors and sensors, the board said.
• The board announced the national strategy earlier on Thursday in a statement that was subsequently withdrawn. It was later reissued without change to the investment and job targets.
Source: Reuters
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