Taiwans Delta Electronics Expanding Everywhere On EV, Server Boom

Author : Dhowcruise
Publish Date : 2022-04-29 00:00:00


Taiwans Delta Electronics Expanding Everywhere On EV, Server Boom

Taiwan's Delta Electronics Inc, a supplier of power components to companies such as Apple Inc and Tesla Inc, is expanding manufacturing "everywhere" on a boom in electric vehicles and servers, it said on Friday. CEO Cheng Ping, in buoyant comments on a first-quarter earnings call, said the firm was building new factories in Taiwan, China, India and Thailand and looking for new manufacturing sites in the United States and eastern Europe. "We are building capacity everywhere," he said, after reporting first-quarter sales rose 14% on-year to T$82.5 billion ($2.81 billion). Gross profit in the quarter was T$22.5 billion, up 4%. Chairman Yancey Hai added the company, which produces some 60% of its products in China, was seeing strong demand for electric vehicles, or EVs, servers and data centres. More traditional automakers such as Ford Motor Co, not just Tesla, are seeing their EV sales soar, a trend that will continue to Delta's benefit, he added. "Our auto department often works overtime, very late hours. I often ask them to go home earlier. I tell them, you'll be at this for many more years - it's not just one quarter or one year."

Taiwan's Delta Electronics Inc, a supplier of power components to companies such as Apple Inc and Tesla Inc, is expanding manufacturing "everywhere" on a boom in electric vehicles and servers, it said on Friday. CEO Cheng Ping, in buoyant comments on a first-quarter earnings call, said the firm was building new factories in Taiwan, China, India and Thailand and looking for new manufacturing sites in the United States and eastern Europe. "We are building capacity everywhere," he said, after reporting first-quarter sales rose 14% on-year to T$82.5 billion ($2.81 billion). Gross profit in the quarter was T$22.5 billion, up 4%. Chairman Yancey Hai added the company, which produces some 60% of its products in China, was seeing strong demand for electric vehicles, or EVs, servers and data centres. More traditional automakers such as Ford Motor Co, not just Tesla, are seeing their EV sales soar, a trend that will continue to Delta's benefit, he added. "Our auto department often works overtime, very late hours. I often ask them to go home earlier. I tell them, you'll be at this for many more years - it's not just one quarter or one year."Taiwan's Delta Electronics Inc, a supplier of power components to companies such as Apple Inc and Tesla Inc, is expanding manufacturing "everywhere" on a boom in electric vehicles and servers, it said on Friday. CEO Cheng Ping, in buoyant comments on a first-quarter earnings call, said the firm was building new factories in Taiwan, China, India and Thailand and looking for new manufacturing sites in the United States and eastern Europe. "We are building capacity everywhere," he said, after reporting first-quarter sales rose 14% on-year to T$82.5 billion ($2.81 billion). Gross profit in the quarter was T$22.5 billion, up 4%. Chairman Yancey Hai added the company, which produces some 60% of its products in China, was seeing strong demand for electric vehicles, or EVs, servers and data centres. More traditional automakers such as Ford Motor Co, not just Tesla, are seeing their EV sales soar, a trend that will continue to Delta's benefit, he added. "Our auto department often works overtime, very late hours. I often ask them to go home earlier. I tell them, you'll be at this for many more years - it's not just one quarter or one year."Taiwan's Delta Electronics Inc, a supplier of power components to companies such as Apple Inc and Tesla Inc, is expanding manufacturing "everywhere" on a boom in electric vehicles and servers, it said on Friday. CEO Cheng Ping, in buoyant comments on a first-quarter earnings call, said the firm was building new factories in Taiwan, China, India and Thailand and looking for new manufacturing sites in the United States and eastern Europe. "We are building capacity everywhere," he said, after reporting first-quarter sales rose 14% on-year to T$82.5 billion ($2.81 billion). Gross profit in the quarter was T$22.5 billion, up 4%. Chairman Yancey Hai added the company, which produces some 60% of its products in China, was seeing strong demand for electric vehicles, or EVs, servers and data centres. More traditional automakers such as Ford Motor Co, not just Tesla, are seeing their EV sales soar, a trend that will continue to Delta's benefit, he added. "Our auto department often works overtime, very late hours. I often ask them to go home earlier. I tell them, you'll be at this for many more years - it's not just one quarter or one year."Taiwan's Delta Electronics Inc, a supplier of power components to companies such as Apple Inc and Tesla Inc, is expanding manufacturing "everywhere" on a boom in electric vehicles and servers, it said on Friday. CEO Cheng Ping, in buoyant comments on a first-quarter earnings call, said the firm was building new factories in Taiwan, China, India and Thailand and looking for new manufacturing sites in the United States and eastern Europe. "We are building capacity everywhere," he said, after reporting first-quarter sales rose 14% on-year to T$82.5 billion ($2.81 billion). Gross profit in the quarter was T$22.5 billion, up 4%. Chairman Yancey Hai added the company, which produces some 60% of its products in China, was seeing strong demand for electric vehicles, or EVs, servers and data centres. More traditional automakers such as Ford Motor Co, not just Tesla, are seeing their EV sales soar, a trend that will continue to Delta's benefit, he added. "Our auto department often works overtime, very late hours. I often ask them to go home earlier. I tell them, you'll be at this for many more years - it's not just one quarter or one year."Taiwan's Delta Electronics Inc, a supplier of power components to companies such as Apple Inc and Tesla Inc, is expanding manufacturing "everywhere" on a boom in electric vehicles and servers, it said on Friday. CEO Cheng Ping, in buoyant comments on a first-quarter earnings call, said the firm was building new factories in Taiwan, China, India and Thailand and looking for new manufacturing sites in the United States and eastern Europe. "We are building capacity everywhere," he said, after reporting first-quarter sales rose 14% on-year to T$82.5 billion ($2.81 billion). Gross profit in the quarter was T$22.5 billion, up 4%. Chairman Yancey Hai added the company, which produces some 60% of its products in China, was seeing strong demand for electric vehicles, or EVs, servers and data centres. More traditional automakers such as Ford Motor Co, not just Tesla, are seeing their EV sales soar, a trend that will continue to Delta's benefit, he added. "Our auto department often works overtime, very late hours. I often ask them to go home earlier. I tell them, you'll be at this for many more years - it's not just one quarter or one year."Taiwan's Delta Electronics Inc, a supplier of power components to companies such as Apple Inc and Tesla Inc, is expanding manufacturing "everywhere" on a boom in electric vehicles and servers, it said on Friday. CEO Cheng Ping, in buoyant comments on a first-quarter earnings call, said the firm was building new factories in Taiwan, China, India and Thailand and looking for new manufacturing sites in the United States and eastern Europe. "We are building capacity everywhere," he said, after reporting first-quarter sales rose 14% on-year to T$82.5 billion ($2.81 billion). Gross profit in the quarter was T$22.5 billion, up 4%. Chairman Yancey Hai added the company, which produces some 60% of its products in China, was seeing strong demand for electric vehicles, or EVs, servers and data centres. More traditional automakers such as Ford Motor Co, not just Tesla, are seeing their EV sales soar, a trend that will continue to Delta's benefit, he added. "Our auto department often works overtime, very late hours. I often ask them to go home earlier. I tell them, you'll be at this for many more years - it's not just one quarter or one year."Taiwan's Delta Electronics Inc, a supplier of power components to companies such as Apple Inc and Tesla Inc, is expanding manufacturing "everywhere" on a boom in electric vehicles and servers, it said on Friday. CEO Cheng Ping, in buoyant comments on a first-quarter earnings call, said the firm was building new factories in Taiwan, China, India and Thailand and looking for new manufacturing sites in the United States and eastern Europe. "We are building capacity everywhere," he said, after reporting first-quarter sales rose 14% on-year to T$82.5 billion ($2.81 billion). Gross profit in the quarter was T$22.5 billion, up 4%. Chairman Yancey Hai added the company, which produces some 60% of its products in China, was seeing strong demand for electric vehicles, or EVs, servers and data centres. More traditional automakers such as Ford Motor Co, not just Tesla, are seeing their EV sales soar, a trend that will continue to Delta's benefit, he added. "Our auto department often works overtime, very late hours. I often ask them to go home earlier. I tell them, you'll be at this for many more years - it's not just one quarter or one year."Taiwan's Delta Electronics Inc, a supplier of power components to companies such as Apple Inc and Tesla Inc, is expanding manufacturing "everywhere" on a boom in electric vehicles and servers, it said on Friday. CEO Cheng Ping, in buoyant comments on a first-quarter earnings call, said the firm was building new factories in Taiwan, China, India and Thailand and looking for new manufacturing sites in the United States and eastern Europe. "We are building capacity everywhere," he said, after reporting first-quarter sales rose 14% on-year to T$82.5 billion ($2.81 billion). Gross profit in the quarter was T$22.5 billion, up 4%. Chairman Yancey Hai added the company, which produces some 60% of its products in China, was seeing strong demand for electric vehicles, or EVs, servers and data centres. More traditional automakers such as Ford Motor Co, not just Tesla, are seeing their EV sales soar, a trend that will continue to Delta's benefit, he added. "Our auto department often works overtime, very late hours. I often ask them to go home earlier. I tell them, you'll be at this for many more years - it's not just one quarter or one year."Taiwan's Delta Electronics Inc, a supplier of power components to companies such as Apple Inc and Tesla Inc, is expanding manufacturing "everywhere" on a boom in electric vehicles and servers, it said on Friday. CEO Cheng Ping, in buoyant comments on a first-quarter earnings call, said the firm was building new factories in Taiwan, China, India and Thailand and looking for new manufacturing sites in the United States and eastern Europe. "We are building capacity everywhere," he said, after reporting first-quarter sales rose 14% on-year to T$82.5 billion ($2.81 billion). Gross profit in the quarter was T$22.5 billion, up 4%. Chairman Yancey Hai added the company, which produces some 60% of its products in China, was seeing strong demand for electric vehicles, or EVs, servers and data centres. More traditional automakers such as Ford Motor Co, not just Tesla, are seeing their EV sales soar, a trend that will continue to Delta's benefit, he added. "Our auto department often works overtime, very late hours. I often ask them to go home earlier. I tell them, you'll be at this for many more years - it's not just one quarter or one year."Taiwan's Delta Electronics I



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