TAIPEI : 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.
"We are building capacity everywhere," he said, after reporting first-quarter sales rose 14 per cent on-year to T$82.5 billion . Gross profit in the quarter was T$22.5 billion, up 4 per cent. 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.
However, Delta has been impacted by COVID-19 lockdowns in China, and hopes its ability to ship goods from there resumes soon, Hai said.
Good tech in energy storage.
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