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Syntec Technology Plans 160% Capacity Increase by 2027
Electronic Technology · Computer Processing Hardware · economic_daily · 2026-08-24
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Smart manufacturing leader Syntec Technology expects to boost production capacity by 1.6 times as new facilities in Suzhou and Malaysia come online next year.
What Happened
Capacity Expansion: Smart manufacturing solutions provider Syntec Technology announced that its second Suzhou plant and a new facility in Malaysia are scheduled to begin production early next year. This expansion is expected to increase the company's total production capacity for controllers and servo-related products by 160%.
Market Share Growth: Despite facing challenges such as rising memory prices and supply chain constraints, Syntec has maintained stable operations and high product quality. The company reported a 23% market share in China last year and projects this figure will exceed 25% by the end of this year.
Humanoid Robotics Demand: The company saw a 70% year-over-year increase in controller sales in the first half of the year, driven by demand for processing complex components and reducers for humanoid robots. Management remains highly optimistic about the growth prospects of the humanoid robotics industry over the next five years.
Strategic Global Reach: Alongside its production capacity upgrades, Syntec is actively deepening its presence in emerging markets like India. The company aims to leverage its technical expertise and localized services to strengthen its competitive position in the global smart manufacturing sector.