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Thailand approves $350 million chip factory from PTT and Hana Electronics JV

Thailand approves $350 million chip factory from PTT and Hana Electronics JV

FILE PHOTO: Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration/File Photo

BANGKOK : Thailand's Board of Investment (BOI) on Monday approved a joint venture between state-owned energy firm PTT and Hana Electronics to build a chip factory.

The first phase will have investment worth 11.5 billion baht ($350 million) and will begin in two years, the BOI said.

($1 = 32.8900 baht)

Source: Reuters

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