Taiwan's factories are actively laying out, and the proportion of Thailand's PCB global output value will reach 4.7% by 2025
According to the Taiwan, China Circuit Board Association (TPCA), Southeast Asia is becoming a direct beneficiary region of the global PCB and electronic supply chain. Statistics show that Taiwan, China's PCB manufacturers such as Xinxing, Watertown, Gold Circuit Electronics, and Zending are actively deploying in Thailand. In 2023, Thailand's PCB output value will account for about 3.8% of the world's total. As manufacturers continue to deploy, it is expected to grow to 4.7% in 2025.
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TPCA pointed out that the largest circuit board exhibition in Southeast Asia was successfully held in Bangkok, Thailand on March 2nd, bringing together 203 global circuit board industry chain companies on site.
TPCA analysis shows that in addition to abundant labor and relatively low labor costs, geopolitical risks in Southeast Asia are also extremely limited, which is conducive to the development of the local PCB industry. However, as the PCB supply chain is still in its early stages of development, manufacturers still face many hidden costs.