Foxconn Subsidiary Invests THB10.5 Billion in Thailand’s Semiconductor Sector

Thailand’s Board of Investment (BOI) announced its approval of a significant 10.5 billion baht ($312 million) investment by a subsidiary of Foxsemicon Integrated Technology, which is also a subsidiary of Taiwanese electronics giant Foxconn.

The newly approved investment will pave the way for the Taiwanese giant to construct a factory dedicated to the production and export of high-precision machinery parts and equipment essential to the semiconductor industry.