source:Other information release time:2023-12-25 Hits: Popular:PCB Assembly company
The Thai military declared martial law without warning, causing the Thai baht to depreciate slightly. The market is concerned that the operations of local electronics factories in Thailand will be affected. F-Taiding and Jingguo in the PCB industry both stated yesterday (20th) that the operations of Thai factories are normal. Normally, some industry players privately believe that if the Thai military takes over and shortens the period of chaos, it will be a good thing for the industry.
Delta Electronics and Lite-On said that operations and shipments of factories in Thailand are operating as normal and there will be no impact on operations. Lite-On's Thailand factory only caters to regional customer needs, but Delta Electronics's Thai factory, Delta Electronics, has already been listed on the Thai stock market due to its good operating conditions. Delta stated that according to past practice, the military only decided to prevent the pro-government Redwood Army and the anti-government Yellow Shirt Army from causing serious confrontations and unnecessary conflicts during the Yellow Shirt Army parade, so the military decided to intervene. Stabilize public sentiment. TEDA is currently operating normally and there is no need for the outside world to worry.
Lite-On also said that the Thai factory is located in the suburbs of Bangkok, and an emergency response team has been set up to report all the conditions of Thailand and the Thai factory on a daily basis. Now the goods in and out and operations are all normal. F-Taiding currently has 60% export sales and 40% domestic sales. After the declaration of martial law, factory operations and shipments have been normal. F-Taiding believes that martial law is mainly to control demonstrations and economic activities are normal.
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