Double-digit annual growth not going away for Delta Thailand anytime soon

DELTA Electronics (Thailand), the largest electronics manufacturer listed on the Thai stock exchange, has its sights firmly set on maintaining double-digit year-on-year revenue growth over the next five years.

Although its growth this year is unlikely to match last year’s 23.6 per cent increase in revenue, the subsidiary of Taiwan-based Delta Electronics is still expected to sustain its four-year streak of double-digit growth, said its chief executive officer Victor Cheng, who is seven months fresh into the role.

The electrical engineering master’s graduate from California’s Santa Clara University began his career with Delta Electronics more than 30 years ago in the United States, before moving to Taiwan, and has now relocated to Thailand.