Delta Electronics (Thailand), the country’s largest electronics company by market capitalisation, targets double-digit revenue growth next year thanks to its manufacturing expansion and product diversification.
President and director Jackie Chang said despite a global tech derating and a softened macroeconomic outlook, Delta’s cumulative financial performance over the first nine months of 2023 has been “very strong, beating the market consensus”.
“In addition to our record-high financial results, we achieved capacity expansion across Thailand, India and Europe alongside smart manufacturing implementation to upgrade our existing production lines,” he told the Bangkok Post.
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