Penang Becomes Southeast Asia's Electronics Hub; Stable Power Supply Attracts Investment
TECO Group's subsidiary TECOBAR opened a new factory in Penang, Malaysia, today. The facility will produce power transmission systems for AI data centers, leveraging Penang's stable infrastructure to enhance TECO's global supply chain competitiveness.
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- 📰 Published: April 29, 2026 at 14:46
- 🔍 Collected: April 29, 2026 at 15:01 (15 min after Published)
- 🤖 AI Analyzed: April 29, 2026 at 15:06 (4 min after Collected)
Penang, Malaysia - TECOBAR, a subsidiary of major electrical machinery manufacturer TECO, held the opening ceremony for its new factory in Penang today. Leaders including TECO Chairman Sophia Li, TECOBAR Chairman Lin Ta-wen, and Huang Hui-ling, President of the Taiwan Chamber of Commerce in Penang, emphasized that Malaysia's stable power supply is a key incentive for foreign investment in the region.
TECO Chairman Sophia Li stated that Penang has already become a critical hub for electronics and manufacturing in Southeast Asia. This new plant will produce high-quality power transmission systems to improve the group's competitiveness in the global power supply chain. Li noted that the facility marks TECO's active entry into the supply chains for AI data centers, international cloud customers, and industrial power infrastructure across Southeast Asia.
TECO has operated in Malaysia for over 40 years. The new factory upgrades existing facilities by introducing smart manufacturing systems and automation to boost productivity. Li pointed out that Penang is strategically located with a resilient supply chain, making Malaysia a preferred destination for Asia-Pacific data center and semiconductor investment.
Penang's Second Deputy Chief Minister, Jagdeep Singh Deo, attended the ceremony, noting that global multinationals and thousands of SMEs are actively investing in Penang's industrial zones. He expressed hope that international investors would see Penang as the answer to the need for stable environments in a volatile global market.
President Huang Hui-ling analyzed that digital transformation and AI are rapidly restructuring industries, with stable power infrastructure being a critical support factor. She noted that Taiwanese tech investments are increasingly focused on AI data centers in Penang. The new TECOBAR plant covers 3.5 hectares within the 13-hectare TECO Penang Industrial Park, representing an investment of NT$370 million and a planned annual capacity of 400,000 meters of busbars. TECOBAR, which joined TECO Group in 2003, focuses on busbars and power distribution units for data centers and power plants.
TECO Chairman Sophia Li stated that Penang has already become a critical hub for electronics and manufacturing in Southeast Asia. This new plant will produce high-quality power transmission systems to improve the group's competitiveness in the global power supply chain. Li noted that the facility marks TECO's active entry into the supply chains for AI data centers, international cloud customers, and industrial power infrastructure across Southeast Asia.
TECO has operated in Malaysia for over 40 years. The new factory upgrades existing facilities by introducing smart manufacturing systems and automation to boost productivity. Li pointed out that Penang is strategically located with a resilient supply chain, making Malaysia a preferred destination for Asia-Pacific data center and semiconductor investment.
Penang's Second Deputy Chief Minister, Jagdeep Singh Deo, attended the ceremony, noting that global multinationals and thousands of SMEs are actively investing in Penang's industrial zones. He expressed hope that international investors would see Penang as the answer to the need for stable environments in a volatile global market.
President Huang Hui-ling analyzed that digital transformation and AI are rapidly restructuring industries, with stable power infrastructure being a critical support factor. She noted that Taiwanese tech investments are increasingly focused on AI data centers in Penang. The new TECOBAR plant covers 3.5 hectares within the 13-hectare TECO Penang Industrial Park, representing an investment of NT$370 million and a planned annual capacity of 400,000 meters of busbars. TECOBAR, which joined TECO Group in 2003, focuses on busbars and power distribution units for data centers and power plants.