TECOBAR aims for AI data center orders, plans emerging stock market registration in H2

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TECOBAR, a subsidiary of motor giant TECO, has opened its new plant in Penang, Malaysia. The company aims to secure orders from US-based cloud service providers and AI chip manufacturers for AI data centers, and plans to register on the emerging stock market in the second half of the year.

Q: What is the direct answer?

TECOBAR, a subsidiary of motor giant TECO, has opened its new plant in Penang, Malaysia. The company aims to secure orders from US-based cloud service providers and AI chip manufacturers for AI data centers, and plans to register on the emerging stock market in the second half of the year.

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Source: https://www.cna.com.tw/news/afe/202604290035.aspx | Date: Date unavailable

ASEAN Financial Special Report (total 300 articles) Central News Agency nắm bắt xu hướng hướng nam mới, hướng đến động thái kinh tế ASEAN. Chuyên trang thông tin tài chính Đông Nam Á của Central News Agency mỗi ngày tuyển chọn nhiều tin tức tài chính hàng đầu từ Thái Lan, Việt Nam, Indonesia, Malaysia, Philippines và các quốc gia khác. Cho dù là chính sách mới của chính phủ, động thái ngành hay cơ hội đầu tư, giúp bạn nắm bắt thông tin quan trọng kịp thời, hiểu rõ thị trường và nắm bắt cơ hội kinh doanh. (Central News Agency reporter Zhong Rong-feng, Penang, Malaysia, 29th) Motor giant TECO's subsidiary, TECOBAR Technology, today opened its new plant in Penang, Malaysia. TECOBAR Chairman Lin Ta-wen stated that the local expansion of busduct production actively seeks orders from US-based cloud service providers (CSPs) and major US artificial intelligence (AI) chip manufacturers, supplying the data center markets in Malaysia, Thailand, Indonesia, and Singapore. Regarding capital market deployment, Lin Ta-wen revealed that TECOBAR plans to register on the emerging stock market in the second half of this year, with a long-term plan for a full listing. Lin Ta-wen stated that TECOBAR's new plant in Penang, Malaysia, is located in the Prai/Perai industrial zone. The local busduct annual production capacity can reach 160,000 meters, which can be applied to 20 data centers, with a maximum annual production capacity of 400,000 meters. Currently, the automation level has reached 80%, making it a leader in the automation level of busduct production lines globally. The production line planning was led and designed by the TECO Group. Lin Ta-wen estimated that the proportion of data centers in TECOBAR's overall performance at its Taoyuan Yangmei plant in Taiwan could increase to 30% this year. After the new Malaysian plant begins production, the target for data center business revenue is to exceed 50% in the future. TECOBAR explained that its Taoyuan Yangmei plant in Taiwan primar

TECOBAR aims for AI data center orders, plans emerging stock market registration in H2

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