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The Thailand Board of Investment has announced that, following the Finance Minister's recent visit to the United States, Thailand is actively pursuing investment opportunities with three major U.S. semiconductor companies. Among these companies, Ferrotec is set to expand its production capabilities, building upon its initial investment of 3 billion baht. The company plans to transfer its upstream material production lines to Thailand by 2027, with the possibility of launching research and development (R&D) operations in the country. Meanwhile, the Thai government has taken the initiative to approach GlobalFoundries, encouraging the company to establish its first production facility in Southeast Asia within Thailand. Additionally, Teradyne intends to boost its local supply chain procurement in Thailand and foster deeper collaboration in local production.
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