Sanyo Semiconductor has decided to abandon its main production facilities in Thailand because of the recent flooding, which badly damaged its machinery and operations. The company is the first few foreign manufacturer since the disaster to announce an end to most production in the Kingdom.
The company says it will lay off about 1,600 workers and close its plant in Rojana Industrial Park permanently, said Somboon Hotrakul, director of the Electrical and Electronics Institute. However, he noted, there is currently a labour shortage in this industry.
Sanyo Semiconductor (Thailand), which has operated since 1990 producing semiconductors, transistors and large-scale integrated circuits, will close the flood-ravaged factory on December 25.