TES TEC Boosts Thailand Investment to $34.3 Million, Enhancing Global Manufacturing Footprint
TES TEC announces a significant expansion of its manufacturing capabilities in Thailand with an additional $17.8 million investment, aiming to meet growing global demand for intelligent touch display devices and create hundreds of local jobs.
TES TEC, a leader in intelligent touch display devices, is amplifying its investment in Thailand to a total of $34.3 million, with a new $17.8 million phase aimed at expanding its manufacturing base in Chonburi. This strategic move is set to bolster the company's production capacity with the addition of new production lines, including one Monitor/AIO line, three panel PC lines, and two lamination lines, by March 2026.
The expansion is not just a testament to TES TEC's growth but also a significant boost to Thailand's economy, promising to create around 700 local jobs and enhance the country's position in the global tech manufacturing landscape. Located in the Eastern Economic Corridor, the facility benefits from strategic connectivity to major transport hubs, facilitating efficient trade and logistics.
With the initial phase already operational, producing up to 13,000 units monthly, the new expansion plans to increase capacity to 30,000 units per month per shift initially, with potential to double this figure. This initiative reflects TES TEC's commitment to innovation, sustainability, and meeting the escalating demand for intelligent touch solutions worldwide.
Kevin Lee, TES TEC CEO, highlighted the expansion as a strategic step to ensure flexible and fast support for global customers, reinforcing the company's dedication to sustainable practices through the integration of solar panels and advanced quality control technologies. This investment marks a pivotal chapter in TES TEC's global strategy, enhancing its competitive edge in the intelligent touch display market.