Thailand should take advantage of the China-Taiwan tensions by inviting companies like Taiwan Semiconductor Manufacturing Company (TSMC) to invest here as Taiwanese semiconductor and electronics companies are expected to relocate their production facilities overseas, says the Federation of Thai Industry (FTI).
Kriengkrai Thiennukul, chairman of the FTI, earlier expressed concern that the increasing hostility between China and Taiwan may affect semiconductor manufacturing on the island if the mainland does not export silica sand, a key raw material for chipmaking, to Taiwan. This would worsen the global shortage of semiconductors.
