Reported 7 months ago
In addition to China, Newtech is expanding its business footprint in India, Malaysia, Vietnam, and other countries. Due to the impact of the US-China trade war and international geopolitics, the Taiwan-based machinery controller manufacturer is focusing on these new markets. Newtech established a subsidiary in India to tap into its fast-growing market, while also planning new factories in Malaysia, Suzhou, and Taiwan. The company aims to leverage its experience in machinery controller technology to expand into automation and metal processing markets through partnerships and new products.
Source: YAHOO