Toshiba plans to build a new semiconductor factory near Bangkok, Thailand, the company said Tuesday.It plans to invest about 2 billion yen (US$17.2 million) in the factory, which will produce chips for consumer electronics equipment and mobile phones, the Tokyo company said.Construction of the plant at the Bangkadi Industrial Park north of Bangkok is scheduled to begin in July and be completed by March 2007. Toshiba Semiconductor (Thailand) will operate the plant, which will employ about 900 people.-Martyn Williams, IDG News Service (Tokyo Bureau) Check out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content brandpost Rebalancing through Recalibration: CIOs Operationalizing Pandemic-era Innovation By Kamal Nath, CEO, Sify Technologies Jun 08, 2023 6 mins CIO Digital Transformation brandpost It’s time to evolve beyond marketing to create meaningful metaverse moments Insights on the results of the Protiviti and Oxford University survey: Executive Outlook on the Metaverse, 2033 and Beyond By Kim Bozzella Jun 08, 2023 6 mins Digital Transformation feature 10 hottest IT jobs for salary growth in 2023 The demand for tech workers hasn’t slowed down, as rising salaries reveal the most sought-after tech professionals for 2023, according to data from Dice. By Sarah K. White Jun 08, 2023 8 mins Salaries IT Jobs Careers interview Oshkosh CIO Anu Khare on IT’s pursuit of value The specialty truck maker’s IT chief sees tech-enabled transformation being fueled by a relentless focus on strategic fit and customer value — and passionate business involvement. By Dan Roberts Jun 08, 2023 9 mins Automotive Industry Manufacturing Industry IT Strategy Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe