The global semiconductor industry is facing imbalances in supply and demand due to increased demand and disruptions in the supply chain, leading to a potential shift in production facilities to Thailand. Countries are prioritizing domestic production and companies need to embrace change through collaborations, joint ventures, and skills development.
Key Takeaways
- The global semiconductor industry is facing supply and demand imbalances, driven by disruptions in the supply chain and increased demand from countries shifting towards digital economies.
- Many countries, including the US, EU, and China, are prioritizing domestic semiconductor production and securing chip manufacturing to reduce dependence on foreign suppliers.
- Thailand has the potential to become a significant player in the semiconductor industry through the relocation of production facilities and increased investments, but…