BANGKOK – Thailand's Board of Investment has approved an expanded definition of PCB businesses to further promote foreign investment in PCB manufacturing and cover the entire supply chain.
In 2023, the BOI approved investment promotion benefits to PCB project by some 40 companies representing a combined investment of $2.66 billion, or around 96 billion baht. The project applications came from companies based in China, Taiwan and Japan moving their PCB production hub to Thailand, as well as from Thai companies.
The expanded definition of PCB businesses now includes manufacturers of parts and providers of related services such as lamination, drilling, plating, routing and electrical testing, as well as the producers of PCB parts such as copper clad laminate, flexible copper clad laminate and prepreg, plus the producers of raw materials such as dry film, transfer film and back up board.