Infineon's $1.44 billion semiconductor plant in Thailand will start production on October 1

German chipmaker Infineon Technologies will officially open a Thai semiconductor factory on October 1, with a project investment of more than 48 billion baht ($1.44 billion) to help Thailand build a more advanced local chip industry. The Thai Investment Board said in a press release late Friday that the investment covers power module manufacturing, semiconductor testing and a research and development center. The Thai plant will produce power modules for electric vehicles, energy systems and data centers. The project is expected to employ more than 5,000 local Thai employees. (Finance Association)

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