Power Semiconductors in ASEAN: Efforts to Strengthen Supply Chains Intensify As Countries Compete to Attract Investment

In ASEAN, since the beginning of 2023, manufacturers have been actively working to strengthen their supply chains for power electronics, especially power semiconductors. This is due to the worldwide increase in demand for power control equipment for electric vehicles and the rapid increase in infrastructure that handles large amounts of power, such as data centers and wind power generation. Meanwhile, the governments in the region are also intensifying efforts to introduce measures to attract the semiconductor sector, including power semiconductors, to their countries to increase the added value of local manufacturing bases.