Thailand approves first national semiconductor strategy, targets $80 bln investment by 2050
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Thailand has approved its first national semiconductor and advanced electronics strategy, aiming to build a complete domestic industry ecosystem covering chip design, front-end manufacturing, packaging, testing, and high-value electronic applications. The plan targets cumulative investments of approximately $80 billion by 2050, annual industry revenue of about $150 billion, and the creation of over 230,000 jobs. The strategy is implemented in three phases: by 2030, strengthening existing packaging and testing capabilities; by 2040, attracting major investors in chip design and wafer fabrication; and by 2050, forming a relatively complete local supply chain. Key technology platforms include photonics for AI and data centers, power semiconductors for electric vehicles and energy storage, and sensors for IoT and automotive applications. Supporting measures include tax incentives, subsidies, workforce training, and infrastructure development. Thailand aims to train 86,600 people by 2030, including 84,900 high-skilled workers. Between 2023 and the first half of 2026, the Board of Investment has received 879 project applications worth about $27.2 billion. Infineon will open its first factory in Thailand on October 1, producing power modules for EVs and clean energy.
Source report
Thailand has approved its first national strategy for the semiconductor and advanced electronics industry, establishing a long-term policy framework to build a complete domestic ecosystem covering chip R&D and design, front-end manufacturing, traditional and advanced packaging and testing, as well as high-value-added electronics applications.
Investment and Revenue Targets
Under the plan, Thailand aims to attract approximately $80 billion in cumulative investment by 2050, generate annual industry revenue of around $150 billion, and create more than 230,000 new jobs. The strategy will serve as the long-term implementation framework for the "Made in Thailand" chip initiative.
Three-Phase Implementation
The strategy will be rolled out in three phases:
- By 2030: Strengthen existing packaging and testing capabilities, expand advanced packaging capacity, and lay the groundwork for front-end wafer manufacturing.
- By 2040: Focus on attracting leading investors in chip design, wafer fabrication, and advanced technology manufacturing.
- By 2050: Establish a relatively complete domestic semiconductor supply chain and cultivate local enterprises capable of participating in joint innovation and occupying key positions in the industry chain.
Key Technology Platforms
Thailand will prioritize development in three technology areas:
- Photonics – targeting AI, data centers, and high-speed communications
- Power semiconductors – for electric vehicles (EVs), energy storage systems, and power grids
- Sensors – building on existing MEMS capabilities for connected devices, automation, automotive, smart terminals, and medical applications
Supporting Measures
To support the strategy, Thailand will provide:
- Tax incentives, subsidies, and low-interest financing
- High-skilled talent development
- R&D and chip design infrastructure
- Industrial parks, water and electricity supply, clean energy, and disaster resilience
- Regulatory reform and business facilitation
Talent Development
Thailand plans to train 86,600 people by 2030, including:
- 84,900 high-skilled professionals
- Approximately 1,700 senior researchers
Training programs will be conducted jointly by universities, research institutions, industry players, and international partners.
Investment Data
From 2023 to the first half of 2026, Thailand's Board of Investment (BOI) has received 879 investment promotion applications for semiconductor and advanced electronics projects, with a total investment value of approximately 909 billion baht (around $27.2 billion). These projects cover chip manufacturing, PCBs, hard drives, AI servers, networking equipment, power management, and automotive electronics.
Infineon's New Facility
Infineon will open its first factory in Thailand on October 1 in Samut Prakan. The facility will produce and package power modules for EVs, energy storage, clean energy, and advanced electronics applications. Infineon also plans to build an R&D center and collaborate with local universities on talent development. Once fully operational, the company expects to employ more than 5,000 people in Thailand.
Source
爱集微Regional