The investment also demonstrates the company’s efforts to make Taiwan a main research and development (R&D) base, Delta official Johnny Shih (施孟璁) told the Taipei Times by telephone on Thursday. “Delta is to diversify risk by moving investments back to Taiwan in light of the US-China trade war. Delta three weeks ago approved a NT$2.57 billion investment to purchase buildings and land in Tao-yuan’s Jhongli District (中壢) next to another plot of land it purchased last year for NT$2.1 billion. Delta is boosting production in Thailand through the recent acquisition of a 63.78 percent stake in Delta Electronics (Thailand) PCL (泰達電) and is also looking to expand to India, it said. The plants in India would be managed by Delta Electronics (Thailand), Shih said.

Source: Taipei Times May 12, 2019 15:56 UTC