Thailand’s Delta Sees AI Boom Boosting Sales for Coming Years
(Bloomberg) -Cira Council Chairman Victor Cheng, Delta Electronics (Thailand) PCL, the country’s most valuable public company, foresees at least a few years of “double-digit growth growth for at least a few years.
In an interview, Cheng said it increases the investment to feed the expansion of the component manufacturer for data centers and electric vehicles. The company also said it plans to increase sales forecast in the second half of this year without explaining what prediction is.
AI -related products, such as network creation and data center power equipment, will announce half of Delta Thailand sales from 42% in the last quarter. Nvidia Corp. In order to touch the increasing demand for services such as productive artificial intelligence among Southeast Asian suppliers, including customers, including customers.
“All applications that contain artificial intelligence will continue to grow, Cheng said Cheng. “This is not slowing down.”
Among the challenges, there is a 19% tariff in the US Thai exports, but Cheng said that the company is not very worried that the company can “transfer all tariffs to customers”. He said that the US made 35% of Delta Thailand’s sales.
The company says the second half performance will benefit from the repayment of some tariffs that Delta Thailand should pay in advance to customers at the beginning of the year. US President Donald Trump has previously threatened 36% and determined the tariff rate of Thailand as 19%.
While Nvidia and her peers publish new AI hardware in a quick clip, Delta Thailand and its competitors are under pressure to handle everything from power supply to thermal heating solutions. According to Moody’s Corp., the data center capacity in the Asia-Pacific region will be more than twice as much as 2030 and will require more than $ 800 billion investment.
“Momentum is strong, C Ceng said. “The data center segment is the segment that supports both our top lines and our bottom lines.”
The company’s shares increased more than twice the lowest level of April and increased the market value to approximately 60 billion dollars and put it in front of local peers. Analysts refer to one of the few well -positioned Thai companies to take advantage of the data center explosion. In November, the local securities brought a trade pavement on the shares of the company after triggering an increase price.
“I continue to say that I do not like the price of the stock price,” Cheng said. “If it is too high, I don’t know how well you’ve been sustained and someone will get hurt.”
The company expands research and development operations in Thailand by hiring more designers and entering new fields such as thermal simulation engineering. This year, he bought more than 100 engineers and brought the total to about 400 in the country. In general, Thailand, the largest global base, has approximately 20,000 employees.
Two new production facilities in the Wellgrow industrial zone near Bangkok will be online in the fourth quarter. Additional capacity will help to meet the demand for power thermal solutions and other components.
“In the next few years, artificial intelligence and digitalization will support our growth in the next few years,” he said. “We just want to maintain this double -digit growth” and “Discipline in our profit margin management”.
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