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Infineon opens Thailand plant as country ramps up semiconductor push
The German chipmaker’s new site can expand to 150,000 sq m, while Thailand seeks $18 billion in semiconductor investment by 2030.
- On Thursday, German chipmaker Infineon Technologies opened a new backend manufacturing facility near Bangkok with an initial investment of more than €100 million.
- Thailand is actively competing to attract semiconductor investment, aiming to draw $18 billion by 2030 by focusing on power electronics and sensors, according to Board of Investment Secretary General Narit Therdsteerasukdi.
- Valued at $1.4 billion, the site will open with up to 30,000 sq m of cleanroom space, expandable to 150,000 sq m, with Chief Operations Officer Alexander Gorski calling it a "strategic long-term investment."
- The expansion enables dual sourcing for Infineon, allowing the company to support customers through the Thai facility if disruptions occur at its plant in Malaysia, one of 13 manufacturing sites globally.
- Global semiconductor sales are forecast to hit $1 trillion this year, while Thai authorities plan to train nearly 85,000 skilled workers and over 1,700 researchers by 2030 to build domestic capacity.
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18 Articles
18 Articles
From India to the Philippines, governments promote billions of investments in the semiconductor industry. Now, a previously neglected location is getting boost from Germany.
·Düsseldorf, Germany
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Infineon opens Thailand plant as country ramps up semiconductor push
·London, United Kingdom
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Here you can find information on the topic "Chip Industry". Read now "Infineon opens factory in Thailand" .
·Germany
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Infineon Eyes Thailand as Potential Semiconductor Production Hub
German chipmaker Infineon Technologies AG sees the potential to eventually start making semiconductors in Thailand, following an investment of 48 billion baht ($1.44 billion) to expand its assembly and packaging footprint in the country.
·New York, United States
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In Thailand, 1,000 people will soon be working for Infineon. Villach is not directly affected by this, says one speaker. On the contrary.
Coverage Details
Total News Sources18
Leaning Left1Leaning Right2Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 17%
C 50%
R 33%
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