Taiwan’s Delta Electronics to increase investments in S. Asia

Company plans to invest more in India, Thailand to diversify risk amid trade wars

Taiwan News
Date: 2020/06/10
By: Matthew Strong, Taiwan News, Staff Writer

File photo of Delta Electronics Chairman Yancey Hai  (CNA photo)

TAIPEI (Taiwan News) — Technology company Delta Electronics, Inc. said Wednesday (June 10) that it would increase investment in Thailand and India in order to diversify its production amid global trade wars.

Taiwanese corporations have sought to leave China in order to avoid tariffs on Chinese-made goods in the U.S., while the island nation's government launched a New Southbound Policy in 2016 to promote exchanges with countries in South and Southeast Asia, including Thailand and India.    [FULL  STORY]

Leave a Reply

Your email address will not be published. Required fields are marked *

I accept the Privacy Policy

This site uses Akismet to reduce spam. Learn how your comment data is processed.