Thailand, Vietnam, Malaysia PCB Output to Hit $13.4B in 2026
Thailand, Vietnam, and Malaysia are projected to produce $13.4 billion worth of printed circuit boards (PCBs) in 2026 — up from $11.3 billion in 2025 — according to the Taiwan Printed Circuit Association (TPCA). Driven by AI server demand and geopolitical supply chain diversification, Thailand leads with $6.09 billion, Vietnam follows with $4.9 billion (+18.1% YoY), and Malaysia reaches $2.41 billion (+15.3%). Foreign investment dominates expansion, with local manufacturers contributing just ~1% of global output. Key players include Google, Microsoft, AT&S, Elite Material Co., Qualcomm, and Hon Hai.