Abstract:
German chip manufacturer Infineon Technologies will officially open its Thai semiconductor factory on October 1. The project investment exceeds 48 billion baht (equivalent to US$1.44 billion), helping Thailand build a more advanced local chip industry. The Investment Commission of Thailand issued a press release on Friday evening stating that this investment covers power module manufacturing, semiconductor testing and a research and development center.
The Thai factory will produce power modules for electric vehicles, energy systems and data centers.
The project is expected to employ more than 5,000 local Thai employees.
Infineon will provide training for more than 600 Thai scientific and technological personnel and send more than 130 employees to receive professional training overseas.
The company plans to invest at least 2.8 billion baht in research and development, cultivate at least 14 local Thai suppliers, and strive to increase the proportion of local materials and parts procurement to 60%.
The factory will become Infineon's third largest power module production base after Germany and China.
This project is in line with Thailand’s semiconductor development strategy. The strategic goal is to attract at least 500 billion baht in investment in the first five years and 2.5 trillion baht in investment by 2050.
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