The world economy is still grappling with the persistent shortage of computer chips that enable many of our essential technologies. The issue has been growing steadily since the beginning of the Covid-19 pandemic and shows no signs of weakening.
The shortages were primarily caused by the closure of major Asian chip factories and this scenario could be expected to continue, despite the semiconductor’s effort to catch up with market demand.
Top policy makers Thailand believed that if the country could produce wafers locally, they would be able to pull ahead of other countries and reap the benefits from value-adding and growing the local semiconductor ecosystem.
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Terra Link Research 