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Taiwan’s Coretronic ramps up drone production as rare earth risks loom

Coretronic Intelligent Robotics Corp. (CIRC), a subsidiary of Taiwan’s Coretronic Group, said it is ramping up drone production to meet growing government and defense demand. The company is currently fulfilling a 3,037-unit order from Taiwan’s Ministry of National Defense and plans to increase production capacity fivefold by the end of 2026.