25 Nov '11, 5am

Electronics units in Thailand considering to relocate due to wage hike, floods: #electronics

Bangkok (The Nation/ANN) - Industrialists warned Thursday that some units from the Thai electronics industry might relocate to other countries if they are unable to handle the jump in daily minimum wage to 300 baht (US$10) starting from April 1 or remain uncertain about a flood crisis recurring in the future. Gritsada Suptuaychone, secretary of the Electrical, Electronics and Allied Industries club under the Federation of Thai Industries, said it was possible for some factories, particularly those that are labour-intensive and can relocate their operations easily, to move out of Thailand. The two main factors that would lead them to relocate are high wages and uncertainty over government measures to prevent future floods. Maxon Systems (Thailand), a South Korean electronic-components manufacturer, is an example of a firm that has already moved its operations to Cambodia, w...

Full article: http://sg.news.yahoo.com/electronics-units-thailand-consi...

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