Thailand approves $350 million chip factory from PTT and Hana Electronics JV

BANGKOK : Thailand’s Board of Investment (BOI) on Monday approved a joint venture between state-owned energy firm PTT and Hana Electronics to build a chip factory.
The first phase will have investment worth 11.5 billion baht ($350 million) and will begin in two years, the BOI said.
($1 = 32.8900 baht)