Power supply maker and energy management solution provider Delta Electronics on December 15 announced the acquisition of a 100% stake in Eltek ASA, a Norway-based company engaged in design, production and marketing of power supplies, at NOK3.868 billion (US$525 million) through its wholly owned subsidiary Deltronics (Netherlands) B.V.
Power supply maker and energy management solution provider Delta Electronics has posted net profit of NT$5.837 billion (US$193 million) for the third quarter of 2014, hitting a quarterly record. Cyntec, a Delta subsidiary that makes passive components, has seen clients book up its production capacity through the end of 2014, Delta chairman Yancey Hai said, adding orders for industrial automation devices have so far fallen short of original expectation mainly due to weaker-than-expected demand from China.
TAIPEI — Delta Electronics Inc., one of Taiwan’s leading power management system providers, has been named a constituent of the prestigious Dow Jones Sustainability Index (DJSI) series in 2014. The DJSI, launched jointly by the Dow Jones Index, STOXX and Sustainable Asset Management in 1999, is the first index that traces how some of the world’s leading enterprises are performing in the areas of social responsibility, environmental protection and economic performance.
Power supply maker and energy management solution provider Delta Electronics has posted gross margin of 27.43% and net profit of NT$5.264 billion (US$176 million) for second-quarter 2014, with both hitting the highest ever on company record. Of second-quarter consolidated revenues, 60% came from power supplies and components, 19% from energy management devices and smart green life products each, and 2% from others.
TAIPEI, Taiwan — Power supply maker Delta Electronics Inc. (台達電) yesterday announced its first quarter performance review, recording revenues of NT$43.036 billion, improving 10.83 percent compared with last year in the traditional low season. Foreign institutional investors estimate the company’s first quarter earnings-per-share performance at NT$1.87, a new high for a single quarter.
Taiwan-based power management solution provider Delta Electronics is exhibiting energy-efficient products and solutions at Hanover Messe 2014, an annual industrial technology fair taking place in Hanover, Germany, during April 7-11, according to the company. From 2010 to 2013, Delta Electronics’ energy-efficient products and solutions resulted in total power savings of 11.9 billion kWh, equivalent to a reduction in carbon emissions of 6.38 million tons, the company said.