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PENANG, Malaysia — Taiwanese industrial computer maker Advantech is stepping up investment in manufacturing and other operations in Malaysia to create a regional hub for serving customers across Southeast Asia, a strategy it plans to replicate in Mexico and Turkey.
Advantech’s computers and Internet of Things products are used in a wide range of industries, from semiconductor manufacturing to high-speed railway systems. With the rise of political tensions and supply chain disruptions in recent years, it has been expanding its production…