The China Post
Date: March 11, 2017
By: Christine Chou
TAIPEI, Taiwan — Power solutions provider Delta Electronics (台達電) Chairman Yancey Hai (海英俊) said Friday the company will invest more in projects related to data centers, electronic vehicles and industrial automation (IA).
Already a well-known local technology firm, Delta is now increasingly seen by the market as a promising “Tesla Concept Stock,” as the world’s most celebrated electric car maker Tesla Motors’ expanding presence in Taiwan is believed to benefit local manufacturers in its supply chain, including Delta, a power system supplier for Tesla.
“The economy is doing a lot better than the previous quarter,” said Hai, after the company disclosed its financial report for 2016. [FULL STORY]