ELECTRONICS
Delta plans $40m outlay for each of next three years
Delta Electronics (Thailand), the country's largest electronics firm by market value, is set to invest up to US$40 million annually over the next three years to expand its global production capacity.
The SET-listed electronics parts maker targets growing its revenue by 10% to $1.3 billion this year after sales fell short of target partly because of the Thai floods.
President Henry Shieh said half of this year's capital expenditure will be invested in Thailand which contributes more than 60% of Delta's revenue, with the rest to be spent on factories in Slovakia and India.
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About the author
- Writer: Nareerat Wiriyapong
- Position: Business Reporter
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