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Thailand’s Delta sees AI boom boosting sales for coming years
Delta Electronics (Thailand) expects 'double-digit' sales growth for the coming years, driven by rising demand for AI-related technology, according to CEO Victor Cheng. Investments are being ramped up to support expansion, with AI products projected to comprise half of sales by year's end, up from 42%. The company's sales forecast for the second half is being raised amid increased demand from clients like Nvidia.
Key points
- Delta Electronics anticipates double-digit sales growth due to rising AI demand.
- CEO Victor Cheng confirms that AI technology is a major growth driver.
- The company's investment will increase to support this expansion.
- AI-related products are forecasted to make up 50% of sales by year's end.
- Sales forecast for the second half of the year is being raised without a specified figure.
- Nvidia and similar clients are expanding in Southeast Asia, boosting demand.
Why it matters
- AI continues to transform industries and increase demand for tech components.
- The growth in AI-related sectors is part of a larger global shift toward digital transformation seen in 2025 IT trends.
- Nvidia's expansion highlights the critical role of AI in driving technological advancements in various fields.
- Southeast Asia is emerging as a key hub for tech suppliers engaged in AI innovations.
Delta Electronics' strategic pivot towards AI-driven technology reflects broader trends in the tech industry, positioning them well for future growth in an evolving market.