Thailand’s Delta sees AI boom boosting sales


Delta Electronics (Thailand) chief executive officer Victor Cheng. — Bloomberg

BANGKOK: Delta Electronics (Thailand) Pcl, the country’s most valuable publicly traded company, is predicting “double-digit” sales growth to continue for at least the next couple of years on rising demand for artificial intelligence (AI)-related tech, says chief executive officer Victor Cheng.

The maker of components for data centres and electric vehicles is boosting investment to fuel its expansion. The company planned to raise its sales forecast for the second half of this year.

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