- Thailand has become the first relocation choice for major global PCB and PCBA manufacturers in the ASEAN region
- This support aims to position Thailand as Southeast Asia’s electronic industry hub
Thailand’s Board of Investment (BOI) has announced its plans to offer support and incentives for local electronic circuit suppliers to boost their capabilities. Providing such services to suppliers will help them to enter the global electronic circuit production ecosystem.
This support aims to position Thailand as Southeast Asia’s electronic industry hub, focusing on the advanced production of printed circuit boards (PCB) and printed circuit board assemblies (PCBA). Both are critical components of all electronic smart devices.
Narit Therdsteerasukdi, BOI secretary-general, recently shared that Thailand has become the first relocation choice for major global PCB and PCBA manufacturers in the ASEAN region. The second and third choices are Vietnam and Malaysia.
“Tech and trade wars over the last few years have put a lot of pressure on these companies to shift to zones that offer security, stability, sustainability, and neutrality,” he said, adding that Thailand meets all these requirements. Operations can also start almost immediately here, he said.
He said that this move would make Thailand an excellent destination for investment and improve suppliers’ performance to maintain Thailand’s competitiveness.
Prominent companies like Delta Electronics, Apex Circuit, KCE Electronics, and Cal-Comp Electronics are further increasing their investments in Thailand. Additionally, emerging electronics manufacturers like Zhen Ding Technology, Unimicron, and Compaq have expressed keen interest in the region’s growth.
