An electric vehicle (EV) charges at a recent edition of a Motor Expo. Higher EV sales are driving demand for semiconductors. (Photo: Pattarapong Chatpattarasill)

Strategy aims to woo B2.5tn in semiconductor investment

Thailand has presented an ambitious long-term strategy to transform itself into a major regional hub for semiconductors and advanced electronics by 2050. The plan targets 2.5 trillion baht in investment and more than 230,000 skilled workers, with the goal of creating a semiconductor ecosystem. Announced by the National Semiconductor and Advanced Electronics Policy Committee, the strategy lays out phased milestones for 2030, 2040 and 2050. This is reflecting a gradual but comprehensive expansion of the industry.

Building on its existing strengths in electronics manufacturing, Thailand will focus on power semiconductors, sensors, photonics, and discrete and analog chips. A segment closely tied to its automotive, energy, data centre and industrial sectors. Authorities argue that the country’s strong infrastructure and supply chains provide a solid foundation, while coordinated government policy, funding and institutional support will accelerate growth.

In the short to medium term, the strategy emphasizes areas where Thailand already holds competitive advantages. Such as semiconductor assembly and testing, integrated circuit design and advanced electronics manufacturing. At the same time, it seeks to attract investment into upstream activities like wafer fabrication and to foster domestic industry champions. Rising global demand driven by electric vehicles, renewable energy, artificial intelligence and smart manufacturing further underpins the plan’s rationale.

The economic importance of electronics is already substantial, accounting for about a quarter of Thailand’s exports, with semiconductors contributing hundreds of billions of baht annually. Recent years have seen strong investment momentum, including expansions by major global players such as Infineon, Analog Devices and Foxconn subsidiaries. Officials view the new strategy as a way to consolidate this momentum and secure Thailand’s position as a key player in the global semiconductor supply chain over the coming decades.

Reference

Apisitniran, L. (2026, January 9). Strategy aims to woo B2.5tn in semiconductor investment. The Bangkok Post. https://www.bangkokpost.com/business/general/3171898/strategy-aims-to-woo-b25tn-in-semiconductor-investment