📊Executive Summary

Thailand is actively seeking to attract US semiconductor investments, particularly in advanced technologies, during a recent visit by Deputy Prime Minister Ekniti Nitithanprapas to Washington, D.C. The global semiconductor market is projected to exceed $1 trillion by the end of 2026, prompting countries to compete for investments to enhance their technological capabilities. Notable companies such as Phononic, GlobalFoundries, and Teradyne are being engaged for potential investments in Thailand, which is positioning itself as a key player in semiconductor manufacturing. Phononic has already invested over THB 3 billion and is relocating production to Thailand, while GlobalFoundries is considering expanding its operations in the country. This push for investment could significantly impact procurement strategies in the semiconductor sector....