Thailand’s Smart Electronics Industry
Thailand’s electrical and electronics (E&E) industry has rapidly evolved over the past five decades. Thailand was ranked the 14th largest E&E exporter in the world in 2016. The country is the world’s second largest manufacturer of air conditioning units, as well as a major exporter in other important components such as Hard Disk Drives and electronic manufacturing services; integrated circuit assembly, packaging and testing; and parts and components for electrical products. The industry’s export revenue was worth USD 55 billion in 2016. Thai manufacturers are more than ready to embark on new product developments, innovation, and research and development to harness future technologies, and accelerate the “Smart Electronics Industry” under the Thailand 4.0 policy: Targeted S-Curve Industries.