Falling Profitable Growth At Delta Electronics Thailand

Background

Delta Electronics (Thailand) Public Company Limited is a manufacturer and exporter of electronic components and power supplies.

Its factories are located in Thailand, India and Slovakia, and its main R&D facilities are in Thailand and Germany.

Business Description

Its power electronics segment manufactures different types of power supplies to be used as power storage, adapters and converters. These are mainly used in IT and automotive industries.

Infrastructure segment provides IT solutions with power systems, power supplies and data centers as its core products. They also supply EV charging and renewable energy systems along with other products in the energy infrastructure product category.

DELTA supplies automation for industrials and building application as performance and efficiency aid. Industrials products include equipment control, motors. drives and robots while the building segment focuses more on management software, LED lighting and surveillance.

Electrical vehicles have become a major driver for two of its three main product groups, namely power electronics and infrastructure.

Voluntary tender offer from Delta Electronics International (Singapore) Pte., at Bt71 was announced on August 1. Besides getting approval from DELTA’s shareholders the deal would need regulatory approval.

Leadership

Chairman “James” Kong Meng Ng, a prior president of the company, has served as the Chairman since 1990. He holds a Bachelor’s Degree in Electrical Engineering from National Taiwan University, Taiwan and a Master of Science in Electronics Engineering from the University of Southampton, UK.

“Dick” Shen-Yen Hsieh has held a series of positions at the company since joining the Sales & Marketing division in 1991 before he became President in 2014. He holds an EMBA degree from the National Taipei University of Technology, Taiwan and has completed the Training Director Accreditation Program from the Thai Institute of Directors Association.