Thailand seeks investment from three US semiconductor companies.
The Board of Investment of Thailand stated in a statement that after Thailand's Finance Minister Arkhom Termpittayapaisith visited the United States, Thailand is stepping up efforts to engage with three leading US companies to attract investment from the US semiconductor industry to the country. Phononic: A parts supplier for NVIDIA, plans to further expand production on the basis of the existing investment of 3 billion Thai baht, relocate the upstream material production line to Thailand before 2027, and is also expected to launch R & D - related businesses in the future. GlobalFoundries: One of the world's top chip - manufacturing companies. The Thai government has actively approached this enterprise and invited it to set up its first Southeast Asian production plant in Thailand. Teradyne (418.08, 17.09, 4.26%) (Teradyne): The world's leading manufacturer of semiconductor automated test equipment, plans to expand local supply - chain procurement in Thailand and deepen local production cooperation.
(Sina Finance)

