Delta Electronics expects EV-use devices to begin profitability contribution in 2023, says chairman - DIGITIMES

Power proviso shaper and vigor absorption solution supplier Delta Electronics expects devices utilized successful electrical vehicles (EVs) to lend to wide profitability opening 2023, according to institution president Yancey Hai.

Delta has supplied EV-related devices for automakers based successful US, Europe and Japan. Demand for EV-related devices really took disconnected successful 2022, with the corresponding income revenues for the archetypal 3 quarters of 2022 expanding 50% connected year, Hai said.

Delta estimates 2022 income revenues for devices utilized successful EVs astatine US$700-800 million, equivalent to a planetary marketplace stock of astir 10%, Hai noted. Delta has obtained galore orders for EV-use devices with shipments scheduled for 2023 and hopes that the income revenues for the twelvemonth tin scope US$1.0 billion, Hai indicated.

Particularly for devices utilized successful EVs, Delta volition fortify integration of structural components with specified devices and undertake R&D of exertion of SiC to specified devices.

Besides EV-use devices, Delta expects ample maturation successful request for powerfulness supplies utilized successful information centers. Enterprises' digitalization of cognition has led to accelerated expanding request for computing, investigation and retention of data, Hai said. In addition, accelerated increasing improvement of IoT on with concern automation is producing ample volumes of data, resulting successful ample request for information centers, Hai noted.

Delta posted consolidated revenues of NT$106.248 cardinal (US$3.33 billion), gross borderline of 30.29%, operating nett of 13.538 billion, nett net of NT$11.609 cardinal and nett EPS of NT$4.26 for the 3rd 4th of 2022, starring to consolidated revenues of NT$278.783 billion, gross borderline of 29.11%, operating nett of 30.662 billion, nett net of NT$24.755 cardinal and nett EPS of NT$9.53 for January-September.

Power supplies and related components accounted for 59.8% of third-quarter 2022 consolidated revenues, devices utilized successful ICT and vigor infrastructure for 26.7%, devices utilized successful concern and gathering automation for 13.5%.