Flexible Electronics News

Advantech, Alitek to Open Turkish Branch

Goal is to expand into the Middle East.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Advantech released a joint statement with Alitek, the largest automation distributor in Turkey, announcing that to further its business in Turkey, Advantech has decided to acquire 25% of shares in Alitek and plans to open a local branch in Turkey.   Advantech will then increase its local investment annually to prepare the branch for full operation by establishing a strong foothold in the Turkish market, and thereby firmly set its sights on Middle Eastern markets.   Vincent Chang, sales direc...

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