
Thailand's government is seeking billions in investments from chip companies and is strengthening cooperation with the Munich semiconductor manufacturer.
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Asian governments are actively competing for investments from semiconductor companies to increase their economic importance in the global chip supply chain.
Bangkok/Munich. Asian governments are seeking billions in investments from chip companies. Thailand would like to bid in the location competition - and the German semiconductor company Infineon should help. On Thursday, Prime Minister Anutin Charnvirakul personally attended the opening of a new factory by the Munich-based semiconductor manufacturer. It is located 30 kilometers east of the capital Bangkok.
“This investment is enormously important for us – we need it and we need more of it,” Anutin told Handelsblatt. In a statement, he described the manufacturing site as a "strong vote of confidence in Thailand's future as a leading semiconductor location." In addition, the inauguration for Anutin comes at the right time:

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