Popular Post webfact Posted September 7, 2023 Popular Post Share Posted September 7, 2023 The electronics industry of Thailand is set to experience significant growth as 20 new investments, amounting to 30 billion baht, have been approved by the Board of Investment (BoI). These investments are from Taiwan-based electronics firms that have shown intent to establish Thailand as their new export base. The BoI indicated that this move is particularly noteworthy for manufacturers of printed circuit boards (PCBs), as they seek new investment locations to circumvent the effects of geopolitical conflicts, including the tensions between China and Taiwan. Additionally, operating costs in Thailand are considerably lower than in the US and Europe, making it a very attractive investment destination. The incentives for investment were offered to the Taiwanese firms between January and August. Narit Therdsteerasukdi, the secretary-general of the BoI, said some firms will produce PCBs, while others will produce notebooks for HP, in reference to the US-based information technology firm, Hewlett-Packard. by Alex Morgan Image by sasirin pamai's Images. Full story: https://thethaiger.com/news/business/taiwanese-firms-30-billion-baht-investment-boosts-thailands-electronics-industry -- The Thaiger 2023-09-07 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe 2 1 Link to comment Share on other sites More sharing options...
OneZero Posted September 7, 2023 Share Posted September 7, 2023 Good development, hopefully for all concerned (except CCP). 1 1 Link to comment Share on other sites More sharing options...
BritScot Posted September 7, 2023 Share Posted September 7, 2023 49 minutes ago, OneZero said: Good development, hopefully for all concerned (except CCP). As requested by the CCP! 2 1 Link to comment Share on other sites More sharing options...
IAMHERE Posted September 7, 2023 Share Posted September 7, 2023 Wonder if this subject will be discussed when the new PM visits China Xi . Link to comment Share on other sites More sharing options...
heybruce Posted September 7, 2023 Share Posted September 7, 2023 Assembly with components made in China. The Chinese-made components will be made with subcomponents made elsewhere. Those subcomponents will also have parts made elsewhere, etc. Like it or not, the supply chain is too thoroughly globalized to unravel it. Link to comment Share on other sites More sharing options...
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