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Thailand: Netherlands-based NXPsets up production base for integrated circuit packaging.
Section: Business News - Netherlands-based NXP, the leading semiconductor maker founded by Philips, has poured about US$300 million into Thailand to establish its largest production base for integrated circuit (IC) packaging, the Bangkok Post reports.
A technician performs a check at an NXP plant. The company is planning its largest integrated circuit base in the world with aUS$300 million investment in Thailand to enable production expansion.NXPis the largest Dutch employer in Thailand with a workforce of about 3,200.
The company generally invests from $5 million to $30 million in Thailand every year, depending on the business cycle, said Theo Halders, …
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