The trade dispute between the US and China regarding the transfer and export of advanced semiconductor technology has led both countries to see an opportunity to become a production base and benefit from major technology players seeking new options in the supply chain system.
Thailand’s Board of Investment (BOI) has extended the corporate income tax exemption period for semiconductor manufacturing companies in order to promote investment. Furthermore, Thailand aims to attract companies capable of producing initial-stage semiconductors, which involve more advanced technical processes than final-stage semiconductor production.
Thailand has been seen as a stabilising force in the tense situation between the US States and China, with leading companies from Japan, the US and South Korea engaging in discussions regarding investment in the country.
India too is pushing hard to…
