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Taiwan's PSA weighs Asia expansion to catch 5G and EV boom

Components supplier eyes diversified production amid supply chain disruptions

Taiwanese tech company sees long-term promise despite supply chain challenges. (Photos courtesy of PSA)

TAIPEI -- Taiwan's leading provider of electronic components plans to expand its production capacity across Asia despite flagging the possibility of a near-term dip in demand, as the company bets on the emergence of parts-hungry tech like 5G and electric vehicles to drive growth for years to come.

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