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Interview

Taiwan machine tool maker sees EV boom as historic growth chance

Tongtai chairman says shorter supply chains are future of industry

Tongtai Machine & Tool Chairman Yen Jui-hsiung: "There will be new demand, and the key is whether you are ready to catch it or not."

KAOHSIUNG, Taiwan -- The machine tool industry has a historic chance for growth thanks to the shift to electric vehicles and demand for more localized manufacturing, the head of the biggest Taiwanese machine tool company told Nikkei Asia.

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