Thailand unveils national semiconductor strategy targeting $80 billion investment

Thailand has approved its first national semiconductor and advanced electronics strategy, aiming to attract $80 billion in cumulative investment and generate $150 billion in annual revenue by 2050. The initiative, part of the “Made in Thailand” program, seeks to create over 230,000 new jobs and establish a fully integrated domestic chip ecosystem.

The roadmap will be implemented in three phases. By 2030, the focus will be on reinforcing the existing assembly and testing base while scaling advanced packaging. By 2040, the country aims to attract anchor investors for upstream activities, including chip design and wafer fabrication. The final goal for 2050 is a complete domestic supply chain.

Finance Minister Ekniti Nitithanprapas stated the framework provides a clear long-term roadmap for investors. The government plans to support the transition through tax incentives, regulatory reforms, workforce development, infrastructure improvements, and R&D investment. The strategy identifies three priority technology areas: photonics, power semiconductors, and sensors.