The Business Times
business-time-50
Asean Business logo
SPONSORED BYUOB logo

Thailand plays catch-up after a slow start in region’s chip race

Competition is tough as regional rivals jockey for top spot on the chipmaking racecourse – a key battlefield in the US-China trade war

google-preferred-sourceAdd BT as a preferred source
Goh Ruoxue

Goh Ruoxue

Published Wed, Jul 31, 2024 · 05:00 AM
    • When viewed as a collective entity, Asean stands as the world’s largest exporter of integrated circuits or chips – complex assemblies of electronic components built on semiconductor materials.
    • When viewed as a collective entity, Asean stands as the world’s largest exporter of integrated circuits or chips – complex assemblies of electronic components built on semiconductor materials. PHOTO: REUTERS

    SEMICONDUCTORS are the shiniest toys in the playpen of the ongoing United States-China tech stand-off. But while the likes of Malaysia, Singapore, Vietnam and – to some extent – the Philippines are already pulling ahead, Thailand is well off the pace.

    Historically, the kingdom’s role in the semiconductor industry has been limited to assembling and testing.

    These are among the final steps in the semiconductor manufacturing process that are typically outsourced to low-cost locations such as Asean countries, said Oxford Economics’ lead economist Sunny Liu in a recent research note.

    Asean BusinessThailandsemiconductorsUS-China tradeUS-China relationsSouth-east AsiaBT Chip series

    TRENDING NOW

    Traffic through the strait has been resuming but with interruptions, and there is still little clarity over a permanent solution for passages through the chokepoint.

    Qatari LNG ship struck in Strait of Hormuz, testing US talks

    This comes after a Citi note on Tuesday that lifted target prices for all Singapore banks, with a leading preference and “buy” call for DBS.

    DBS shares rise 1.9% to hit all-time intraday high as sentiment improves

    Aster deputy CEO Andre Khor, citing the age of the “polycrisis”, says: “It’s very important to be agile, to be focused on execution… We don’t know all the answers but we keep going forward.”

    ‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis

    Singapore ranks as the world’s most expensive city for cars and placed third globally for residential property.

    Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More