Global value chains are reshaping how countries and firms are interconnected. The spread of global value chains in many industries makes it a powerful concept to explain the economic reality of the twenty-first century. This book examines the international expansion activities of Thai firms from a global value chain perspective. By examining firm-level details of Thai multinationals’ overseas activities, this book sheds light on how Thai firms can use international expansion to navigate their participation in global industries and to turn it into a long-term growth strategy.