Thailand reveals $79.5b plan to become chip hub

“Thailand has announced a national roadmap to transform its semiconductor sector into a regional hub, targeting over 2.5 trillion baht (US$79.5 billion) in investment over 25 years.”

“It sets phased milestones for 2030, 2040, and 2050, aiming to move from basic assembly and testing to higher-value activities such as chip design and upstream wafer fabrication.”

“The strategy includes financial incentives, training 230,000 engineers, upgrading R&D centers, building specialized infrastructure, and streamlining regulations.”

“In the near term, Thailand will strengthen assembly and design, with a long-term goal of expanding into wafer fabrication and reducing reliance on foreign technology.”

https://www.techinasia.com/news/thailand-reveals-79-5b-plan-to-become-chip-hub

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