Advanced Energy breaks ground on flagship factory in Thailand

Advanced Energy held a groundbreaking ceremony for a new 500,000 sq ft factory near Bangkok, Thailand, to manufacture power delivery systems for the semiconductor market, capable of $1 billion annual revenue and employing about 2,500 people.

“Our expansion in Thailand is an important part of our long-term strategy to improve operational efficiency and flexibility.”nasdaq.com

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• nasdaq.comAdvanced Energy Breaks Ground on Flagship Factory in Thailand | NasdaqOct 3, 2023

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