Delta Rises to Become a Pride of Taiwan’s Industries and Is Now Expanding into EVs and Trains Powered by Green Energy

published: 2021-01-14 18:30 | editor: | category: News

Originally a major manufacturer of power electronics, Delta Electronics has undergone a significant transformation in recent years and established footholds in several emerging and booming sectors including AI, 5G, EV, and renewable energy. By capitalizing on the latest technological trends while continuing to excel in its core businesses, Delta posted strong operational results for 2020. Moving into 2021, the company is expected to attain an annual EPS of NT$9-10. Furthermore, its market cap officially surpassed the mark of NT$700 billion on January 5. In the ranking of Taiwan’s companies, Delta has risen quickly to the current 6th place from the 16th place last year. Many local news commentators have even dubbed the company as one of the several “prides” of Taiwan’s industries.

Delta was established in 1971 as a supplier of parts for TV sets. From this humble beginnings, the company gradually expanded in scale and expertise to encompass electronic components, automation equipment, and power infrastructure. Now, it is the global leader in power supply systems by market share. However, the past successes have not lulled Delta into a sense of complacency. It continues to evolve its strategy and explore new technological fields.

Lately, Delta has leveraged its capability in the development of power management solutions to enter the markets for various smart technologies. Its portfolio now includes complete solution packages for various application segments. For instance, the company is helping to build smart factories that contain production lines that incorporate AI and 5G for enhanced automation. All in all, Delta has gained recognitions for its exceptional offerings related to industrial automation, smart manufacturing, renewable energy and EV charging infrastructure.

Delta’s current core businesses include power supply systems, brushless DC fans, heat dissipation components, microelectronic components, and customized solutions. Delta’s components are found in industrial automation equipment, display systems, IT infrastructure, consumer electronics, energy-saving lighting products, EV charging equipment, etc. As for customized solutions, Delta has worked with clients that seek solutions for energy delivery services, industrial control systems, and intelligent building management.

Taiwan’s recent renewable energy boom has provided Delta with a lot of significant business opportunities. The company offers a wide range of inverters for PV power stations and wind farms. As the share of renewable generation in Taiwan’s electricity supply continues to grow, a concern is also growing about the effect of generation intermittency on the operation of the island’s grid system. Seeing the importance of grid stability, Delta has also developed one-stop solutions for energy storage. The main advantage of Delta’s solutions is the comprehensive and seamless integration of all key systems (e.g., power conditioning system, battery, energy management system, and control interface).

Delta has completed four MW-level energy storage projects in Taiwan. The largest one supports the Xia Xing Power Station in Kinmen and has a storage capacity of 2MW. The two other notable projects are the 1MW/1MWh demonstration system in the campus of the National Changhua University of Education and the 1.5MW/1.5MWh system that is integrated into the Chang-bin Solar Project in the Changhua Coastal Industrial Park. Delta is currently setting up a 5MW energy storage system to support its factory in Taoyuan City. Scheduled for activation this year, it will be Taiwan’s first energy storage project that reaches the 5MW scale and is privately developed.

By thrusting itself into fields such as EVs and renewable energies, Delta is able to adapt to the changing technological and economic trends. In the automotive industry, the major carmakers have all launched battery-electric models. With Europe tightening its emission rules and aggressively phasing out internal combustion engines, carmakers are under pressure to accelerate the electrification of their vehicle fleets. Delta anticipated the transition to the battery-electric powertrain early on. The company began to develop technologies for EV charging infrastructure (i.e., charging station and charging piles) in 2009 and has established a strong position in this field due to its 40 years of experience in power electronics.

Financial Times placed Delta on its global list of 100 fastest-growing companies with a market cap of US$10 billion or more for the year 2020. Delta was 91st on the list and was the second Taiwan-based company to be given this recognition following IC design house MediaTek.

 (Photo credit: TechNews.)

announcements add announcements     mail print
Share