TES Opens $24M Smart Manufacturing Base in Thailand

TES (SZSE: 003019.SZ), a leading provider of touch display solutions, has officially inaugurated Phase I of its new manufacturing base in Rayong Province, Thailand, with an initial investment of US$24 million. The grand opening and ribbon-cutting ceremony was led by TES Chairman Kevin Lee alongside the core executive management team, local government officials from Rayong Province, and supply chain partners. This milestone marks a significant expansion of TES's manufacturing footprint in Southeast Asia and signals a new stage in its global strategic layout. In his opening speech, Chairman Kevin Lee emphasized that the Rayong plant embodies TES's 'Dual-Core Smart Manufacturing' strategy, expecting to generate tens of millions of dollars in production value for the local economy through products such as interactive smart displays, interactive all-in-one PCs, and smart automotive displays. A representative of the Rayong District Office welcomed the investment, highlighting its potential to drive local supply chain development and job growth.

The Rayong plant, located in the WHA Industrial Estate, spans a total land area of 42,399 m² with a building area of 26,630 m², making it TES's largest single manufacturing base in Southeast Asia to date. The facility will systematically integrate TES's Chonburi and Rayong operations in phases. Phase I includes production plants, administrative offices, and employee living support facilities, currently employing approximately 300 workers with capacity ramping up rapidly. The plant's monthly planned capacity includes 65,000 units of 7–55" touch monitors and all-in-one PCs, 300,000 SMT-related products, 120,000 sets of automotive touch display modules, 120,000 units of automotive optical bonding products, and 30,000 units of automotive assembly lines. Future plans include adding one assembly line and two bonding lines to meet medium-to-large batch OEM and ODM orders. Strategically situated in Thailand's Eastern Economic Corridor, the plant is about 1.5 hours from Bangkok Suvarnabhumi International Airport and 1 hour from Laem Chabang Deep Sea Port, enhancing logistics efficiency. It has received Investment Promotion Privileges (BOI) certification from the Thai government, ensuring operational stability and policy support. TES aims to help global customers mitigate trade risks, optimize tariff structures, and enhance supply chain resilience through cross-regional multi-base synergy. The plant upholds TES's globally unified quality management system to ensure consistent high-quality standards.

For more information, visit https://www.tes-tec.com/.