Thailand has unveiled a national strategy to accelerate its semiconductor and advanced electronics industry, targeting more than 2.5 trillion baht ($79 billion) in investment and over 230,000 skilled workers by 2050 as it pushes to establish a fully integrated, “Made-in-Thailand” chip ecosystem.
The plan was presented at a 7 January meeting of the National Semiconductor and Advanced Electronics Policy Committee chaired by Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas. The committee reviewed a draft strategy prepared by the Thailand Board of Investment (BOI) with phased goals for 2030, 2040 and 2050.
Under the strategy, Thailand will prioritize power semiconductors, sensors, photonics, discrete devices and analog chips—segments that align with its existing manufacturing base and supply chains serving automotive, energy, industrial and data center markets. BOI Secretary General and Semiconductor Board Secretary Narit Therdsteerasukdi said the government would coordinate policy and funding to support a sector where Thailand already possesses “strong infrastructure and supply-chain depth.”
Demand for the targeted chip categories is rising globally due to electrification, artificial intelligence, renewable energy systems and smart manufacturing. Thailand hosts major multinational firms in those segments and aims to expand semiconductor assembly and testing, integrated circuit design and advanced electronics manufacturing, while cultivating upstream capabilities such as wafer fabrication.
To attract long-term investment, the strategy includes financial incentives for capital expenditure and R&D, expanded talent pipelines via international academic partnerships, specialized visa pathways, and national research infrastructure upgrades. Policymakers also plan improvements in intellectual property protection, joint research with startups and universities, and the development of industrial clusters supported by water management, clean energy and power grid reliability upgrades.
Electronics represent roughly one-quarter of Thailand’s export base. In 2024 the country exported 1.86 trillion baht ($58.9 billion) in electronics, including 436 billion baht ($13.8 billion) in semiconductors. Between 2018 and November 2025, electrical and electronics projects accounted for 1.17 trillion baht ($37 billion) in promoted investment—19% of total—making it the nation’s largest sector by value.
Global chipmakers including Infineon, Analog Devices, Lumentum, Microchip Technology and Foxsemicon have expanded operations in Thailand in recent years.
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