Thailand green-lights Foxconn subsidiary's $306m chip plant investment

Bangkok aims to attract $14.8b in semiconductor investment by 2029

20241211 Thailand Foxsemicon

The new Foxsemicon factories are expected to employ more than 1,400 Thai workers. (Photo from Fiti group website)

APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer

BANGKOK -- Thailand has approved a $306 million investment by a subsidiary of Taiwanese Apple supplier Foxconn to produce machinery parts and equipment for the chip sector, the Board of Investment (BOI) said on Wednesday.

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