The semiconductor industry is rapidly growing in Thailand, the country could become one of the leading key players in the SEA region.
Key takeaways
- Thailand’s semiconductor market is growing fast due to a combination of different technological, geographical, and economic factors.
- The semiconductor industry will grow 13% during this year achieving a market revenue of $588 billion.
- The industry is also preparing to address challenges such as high inventories and low fab utilization rates.
The global semiconductor industry is experiencing supply and demand imbalances due to disruptions in the supply chain and increased demand from countries moving towards digital economies. Thailand has the potential to become a significant player in the semiconductor industry by attracting production facilities and investments.
According to information given by Statista, the semiconductor market in…
