Thailand’s push to become a key player in the global semiconductor industry has taken a major step forward. The Board of Investment (“BOI”) has approved a 10.5 billion baht (around USD 306 million) investment from UniEQ Integrated Technology Co., Ltd., a subsidiary of Foxsemicon Integrated Technology Inc., to build a state-of-the-art manufacturing facility in the Eastern Economic Corridor (“EEC”).
A Boost for Thailand’s Semiconductor Ambitions
The new factory, set to be located in Amata City Chonburi and Amata City Rayong, will produce critical components for semiconductor equipment, such as high-vacuum and high-purity parts used in wafer fabrication. It is expected to generate over 6 billion baht in annual exports, create jobs for more than 1,400 Thai workers, and source over a quarter of its raw materials locally.
Incentives for High-Tech Growth
To attract investments like this, Thailand offers a suite of benefits through the BOI, including tax exemptions, duty reductions, and streamlined processes for foreign businesses. Located in the EEC, a zone tailored for high-tech industries, the project benefits from dedicated infrastructure and flexible regulatory support.
The Thai government’s focus on the semiconductor sector does not stop there. A recently established National Semiconductor and Advanced Electronics Policy Committee, chaired by Prime Minister is laying the groundwork for developing a skilled workforce and setting ambitious targets for attracting 500 billion baht in investments by 2029.
Thailand’s Role in the Global Semiconductor Supply Chain
UniEQ’s parent company, Foxsemicon, operates globally, with production sites in Taiwan and China and offices in the United States. By expanding into Thailand, the company is strengthening its global footprint while positioning the country as a vital player in the semiconductor industry.
This investment is not just about numbers—it’s about Thailand securing its place in a rapidly evolving global supply chain. With demand for semiconductors soaring, this move highlights the country’s readiness to take on a bigger role in high-tech manufacturing. For Thailand, it is not just about making chips; it focuses on shaping the future of innovation.