Semiconductor war heats up in South-East Asia

BANGKOK: Thailand, Vietnam and Singapore are all vying to become a regional leader in the semiconductor manufacturing industry. The chip making business is now gaining momentum on the global stage thanks to the demands of artificial intelligence technology and electric vehicles.

For Thailand, the country’s Board of Investment (BOI) said it would propose new measures to fast-track investments in upstream manufacturing to the government under Prime Minister Paetongtarn Shinawatra, with a focus on two main industries: Semiconductors and batteries.