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According to an institutional research survey, Sunway Electronics has disclosed that the preparatory team for its Thai factory is conducting thorough research on planning, process layout, and construction plans. Notably, the project investment has been upscaled to US$170 million. As of now, the project has achieved several milestones, including the transfer of land property rights, pre-approval from the Board of Investment (BOI) — securing the BOI investment incentive certificate in March 2025 — land survey, earthwork, and civil engineering bidding. Construction officially commenced in November 2024, with an estimated construction duration of 1.6 years followed by a two-year capacity ramp-up period. Consequently, trial production is anticipated to commence in 2026.
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