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The printed circuit board (PCB) industry is expected to see an improved outlook from 2025 to 2027 due to several factors: (i) investment support schemes from the Board of Investment (BOI) aimed at the electronics and electrical appliance sectors, (ii) a steady increase in electric vehicle (EV) sales; (iii) the beginning of a new replacement cycle for personal computers and mobile phones; and (v) increased investments in semiconductor production capacity by major global manufacturers,

Updated the key Industry Indicator : Integrated Circuits in each industry.By Wanna Yongpisanphob

2023 Investment Inducing Growth

The domestic electronics industry will enjoy an improving outlook over 2025 to 2027. In particular: (i) for integrated circuits, output volume and export value will be up by respectively 6.0-7.0% and 8.0-9.0% per year; while (ii) for hard disk drives, annual production and exports will strengthen by 7.0-8.0% and by 8.5-9.5%.

During 2027-2029, Thailand's electronic component production and exports are likely to continue expanding

During 2026–2028, Thailand’s electronic components production and exports are expected to continue expanding.

Navigating A Delicate Balance

Rate cuts take center stage as economic data start to slow down