Thailand approves $312 mln investment by Foxsemicon subsidiary

FOXSEMICON INTEGRATED TECHNOLOGY

11/12/2024 02:17

BANGKOK, Dec 11 (Reuters) - Thailand's Board of
Investment said on Wednesday it has approved an investment of
10.5 billion baht ($312 million) by a subsidiary of Taiwan's
Foxsemicon Integrated Technology  3413.TW .
    The subsidiary will build a factory to produce for export
high-precision machinery parts and equipment used in the
semiconductor industry, the BOI said in a statement.
($1 = 33.68 baht)

 (Reporting by Orathai Sriring; Editing by Christopher Cushing)
 ((orathai.sriring@tr.com;))