RESEARCH
Research on PCB manufacturing in Thailand
Long-form, cited pieces on who is building printed circuit board plants in Thailand, the money behind them, the rules that apply and the world market they serve. Charts are based on the MPBxChange register of 39 Thai PCB plants.
Latest
UPDATED 5 NOVEMBER 2026 · 13 MIN · 34 SOURCESGlass cloth and laminate for Thai PCB plants: AI allocation and new capacity to 2029
Thai laminate and glass-cloth capacity arrives in dated steps from the end of 2026 to 2029, as a Thai board maker's filing describes specialised glass cloth going to AI servers first.
Thailand PCB tracker: plant openings, approvals and filings
Huizhou Zhongjing Electronics Technology (CEE). Huizhou Zhongjing Electronics Technology (CEE) listed the Thai PCB smart production base project of its subsidiary QuanTech Circuit (Thailand) at a total investment of CNY 548.625 million, of which CNY 300 million comes from the share placement whose proceeds it received on 23 September 2026. CNINFO, Shenzhen Stock Exchange filing, stock code 002579
Victory Giant Technology. Victory Giant Technology disclosed that its board had approved, on 29 October, up to USD 800 million of additional investment in its Thai subsidiary in Bang Pa-In, Ayutthaya, mainly for factory buildings and equipment, subject to a shareholders' meeting and filings or approvals by the relevant authorities. CNINFO, Shenzhen Stock Exchange filing, stock code 300476
Avary Holding. Avary Holding told investors at its third-quarter 2026 results briefing that its Thai plant was running at full capacity. Avary Holding (Shenzhen) Co., Ltd. via CNINFO
Industry landscape
UPDATED 21 OCTOBER 2026 · 6 MIN · 15 SOURCESJobs at Thailand's PCB plants in 2026: employment by plant and province
Published headcounts by plant, jobs announced for new projects, the minimum wage in each PCB province, and how to apply.
UPDATED 21 OCTOBER 2026 · 7 MIN · 13 SOURCESThailand PCB exports: forecast for 2026 to 2030
Bare-board exports rose 39% in early 2026. A backtested model puts the full year at a record US$1.76 to 2.49 billion, with a wider range for 2030.
UPDATED 21 OCTOBER 2026 · 7 MIN · 15 SOURCESThailand PCB industry outlook 2026: demand at home, orders abroad
Customs returns to May 2026, US import records and the plant register show Thailand's PCB industry moving from construction to shipment, with domestic assemblers as its largest near-term market.
UPDATED 21 OCTOBER 2026 · 12 MIN · 33 SOURCESThailand's PCB build-out: investors, locations and drivers
Chinese, Taiwanese and Japanese board makers are expanding across Thailand. This report profiles the investors, their locations and products, and the constraints on the ramp-up.
UPDATED 21 OCTOBER 2026 · 17 MIN · 21 SOURCESThailand's PCB plant pipeline: bare-board output to 2030
29 plants have published their Thai investment. A simulation model converts US$7.8 billion of announced spending into bare-board output by year and tests it against the trade data.
UPDATED 21 OCTOBER 2026 · 9 MIN · 23 SOURCESWhat to ask a PCB factory for: certificates, test reports and samples
A PCB order can carry three kinds of evidence: records that each lot conforms, proof of what the plant can make, and qualification tests for the product.
UPDATED 16 OCTOBER 2026 · 10 MIN · 11 SOURCESPCB testing and inspection: what each test can find, and what a pass cannot show
Eleven defects of a bare printed circuit board, the tests that can reveal each one, from electrical test to cross-sections, stress, cleanliness and impedance, and what a pass leaves unproven.
UPDATED 15 OCTOBER 2026 · 7 MIN · 22 SOURCESWhat is a PCB board? The circuit board explained, with its history
A PCB, or printed circuit board, holds and connects the electronic parts of a device. What it is made of, the main types, and its history since 1903.
Investment
UPDATED 5 NOVEMBER 2026 · 13 MIN · 34 SOURCESGlass cloth and laminate for Thai PCB plants: AI allocation and new capacity to 2029
Thai laminate and glass-cloth capacity arrives in dated steps from the end of 2026 to 2029, as a Thai board maker's filing describes specialised glass cloth going to AI servers first.
UPDATED 5 NOVEMBER 2026 · 10 MIN · 22 SOURCESPCB materials made in Thailand: Ventec opens in Ayutthaya
Ventec opened its PCB materials plant in Ayutthaya on 26 October 2026, its first in Southeast Asia. The register lists nine materials plants in Thailand, from operating to announced.
UPDATED 5 NOVEMBER 2026 · 10 MIN · 10 SOURCESVictory Giant proposes up to US$800 million more for its Thai PCB plant
On 29 October 2026 Victory Giant's board approved up to US$800 million more for its Ayutthaya plant and up to US$700 million for Vietnam, pending shareholders and the authorities.
UPDATED 5 NOVEMBER 2026 · 15 MIN · 96 SOURCESWho owns Thailand's PCB plants: parents, listings and joint ventures
An ownership map of 39 PCB plants in Thailand from stock exchange filings and the Thai company register: the listed groups behind them, the joint ventures and the plans they announced.
UPDATED 5 NOVEMBER 2026 · 15 MIN · 41 SOURCESZhen Ding in Prachin Buri: new plants from late 2026 and a further BOI application
On 29 October 2026 Zhen Ding said a further Thai expansion is applying for BOI promotion. Filings trace its Peng Shen park from land in 2023 to new plants in 2027.
UPDATED 21 OCTOBER 2026 · 12 MIN · 35 SOURCESInvesting in Thai PCB plants: BOI incentives and what the money buys
The BOI incentive structure for PCB plants, PCB investment applications since 2023, the largest approved projects and the main execution risks.
UPDATED 21 OCTOBER 2026 · 11 MIN · 9 SOURCESListed PCB makers' accounts and Thailand's build-out: a 38-company study
Listed makers' annual sales run at about their last ten years of capital spending, gross margin rises with utilisation, and in 2026 Thai exports outgrew the industry.
UPDATED 21 OCTOBER 2026 · 10 MIN · 30 SOURCESSihui Fuji's Thai mSAP line moves to 2027: three projects at three speeds
The company now targets Q2 2027 start-up and Q4 revenue for its first mSAP line in Rayong. Filings show heavy spending, a recovering Thai plant and milestones a buyer still has to see.
Law and regulation
World market
UPDATED 5 NOVEMBER 2026 · 30 MIN · 94 SOURCESThe world PCB industry in 2027: forecasts, capacity, materials and three scenarios
Named forecasters put world PCB output in 2027 at US$104.9 to 132 billion. Growth by product, end use and region, the plants due in 2027, materials, trade and three scenarios.
UPDATED 1 NOVEMBER 2026 · 9 MIN · 8 SOURCESAmphenol agrees to acquire AdvancedPCB, Unimicron plans to dissolve its German plant
Amphenol agreed on 28 October 2026 to acquire AdvancedPCB, a US board maker, and Unimicron plans to dissolve Unimicron Germany. Edadoc and Ibiden approved new capacity the same week.
UPDATED 1 NOVEMBER 2026 · 11 MIN · 12 SOURCESNVIDIA plans 2.5 times the substrate capacity for its products over three years
On 21 October 2026 NVIDIA set out capacity plans with Ibiden, Samsung Electro-Mechanics, Unimicron, Amkor, KYEC and SPIL. The dated targets run from February 2027 to the end of 2028.
UPDATED 1 NOVEMBER 2026 · 16 MIN · 40 SOURCESPCB material shortage 2026: glass cloth, copper foil and supply by board type
The 2026 shortage sits in glass cloth, HVLP copper foil and laminate; mainstream boards are supplied at higher prices while AI-grade materials stay tight until new capacity lands in 2027 and 2028.
UPDATED 22 OCTOBER 2026 · 14 MIN · 57 SOURCESWhat PCB research found in 2024 to 2026: inspection, glass, heat and greener boards
A review of 56 peer-reviewed papers on inspection, glass cores, heat, greener boards and e-waste. Most work is still in the lab or at prototype stage, and headline numbers shrink on real lines.
UPDATED 21 OCTOBER 2026 · 10 MIN · 24 SOURCESIMF and World Bank meetings in Bangkok: AI exports and Thailand's PCB industry
The IMF and the World Bank both raised Thailand's 2026 forecast on AI-related exports. Printed circuit boards are among the goods behind that rise.
UPDATED 21 OCTOBER 2026 · 5 MIN · 18 SOURCESThe next PCB demand cycle: AI, advanced boards and Thailand
Global PCB demand to 2030 by market value, shipped area and board technology, with the company evidence behind investment in Thailand.
UPDATED 21 OCTOBER 2026 · 14 MIN · 27 SOURCESThe world PCB market in 2026: AI servers, China plus one and Thailand
Prismark and TPCA put 2025 PCB output at US$85 to 92 billion. AI server boards lead the growth, and Thailand is now Southeast Asia's largest producer.
UPDATED 16 OCTOBER 2026 · 7 MIN · 40 SOURCESPCB industry update, October 2026: record sales, substrate plans, dearer materials
What happened in the world PCB industry from September to mid-October 2026, region by region: Asia, the Americas, Europe, Africa and Australia, with materials and demand.
UPDATED 16 OCTOBER 2026 · 9 MIN · 37 SOURCESThe world PCB industry by region: Asia, Europe, the Americas, Africa and Australia
Where the world's printed circuit boards are made and by whom, region by region, from mainland China and the rest of Asia to Europe, the Americas, Africa and Australia, with 2025 figures.
UPDATED 16 OCTOBER 2026 · 6 MIN · 30 SOURCESThe world's largest PCB companies: the 2025 ranking and where they make boards
The 20 largest printed circuit board makers by 2025 revenue, from Zhen Ding and Unimicron to TTM and AT&S, and where each one makes boards in Asia, Europe and the Americas.