As the global electronics industry prepares for the Internet of Things (IoT) era, many people may still wonder when IoT will become a reality. The fact is, IoT is already being implemented around us. Since 2000, Delta Electronics (Thailand) PCL. and Delta Group are paving the way for IoT with key infrastructure solutions for telecommunications and data centers. Now many companies develop devices and solutions to apply IoT systems in areas including health and lifestyle, efficient energy consumption, renewable energy sources and environmental conservation.
We secured most of the top OEM clients in each of our business areas in the USA and Europe. In the short to long-term, automotive and data center power supplies and fans will be our key growth driver. Our company will supply more world-renowned car makers and offer product bundling for each car model. We will also keep developing alternative energy products as an integral part of future IoT business.
We now use all the Delta Group products for IoT business and we developed IoT solutions businesses in the EMEA, India, Southeast Asia, New Zealand, and Australia regions. Delta was performing well in the Indian market after its demonetization policy until the Goods and Service Tax (GST) issue rocked the market in the second half of the year. Despite the challenges, India still seems a very promising market for our current trading business and for our IoT solutions the future. We have expanded our market share in the EMEA region and our sales in the Southeast Asia market have gained momentum as our regional business develops.
These last few years were another transformation period for Delta Thailand with our aggressive expansion of our R&D and sales team. We will upgrade from traditional production to smart manufacturing and then kick-start e-industry 4.0 in all existing and new factories across regions.
Further, Delta management considers Corporate Governance and Corporate Social Responsibility to be vital areas for our business’s long-term sustainability. Our joint projects with several high-ranked universities in Thailand create opportunities for young people to gain both technical experience and a global vision. We prove our commitment in this area through activities like the Delta Cup and Angel Fund reported on our website.
In closing, Delta management and the Board are grateful to our business partners, government institutions, BOI, and our staff for making our company a strong and sustainable business for almost 30 years. We appreciate the trust and faith that our investors have in our companies throughout the years. We will continue to follow our mission and vision to conserve energy while improving the quality of life for a greener future.
|Ng Kong Meng