Taiwan s Delta put chip orders in early, impact of shortage limited reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
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TAIPEI (Reuters) - Taiwan’s Delta Electronics Inc, a supplier of power components to companies such as Apple Inc, said on Wednesday it had put its orders in early and so was not seeing much impact from global tightness in chip supplies.
A surge in demand for consumer electronics has driven a global chip shortage that has idled car factories in particular, and earlier this month Taiwan computer maker Acer Inc said the problem could damage the PC industry.
The chip shortage, which has prompted panic buying, is further squeezing capacity and driving up costs of even the cheapest components of nearly all microchips, according to industry experts.
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TAIPEI (Reuters) - Taiwan s Delta Electronics Inc, a supplier of power components to companies such as Apple Inc, said on Wednesday it had put its orders in early and so was not seeing much impact from global tightness in chip supplies.
A surge in demand for consumer electronics has driven a global chip shortage that has idled car factories in particular, and earlier this month Taiwan computer maker Acer Inc said the problem could damage the PC industry.
The chip shortage, which has prompted panic buying, is further squeezing capacity and driving up costs of even the cheapest components of nearly all microchips, according to industry experts.
A Thai Stock s 1,000% Surge, Defying Fundamentals, Puzzles Analysts A Thai Stock s 1,000% Surge, Defying Fundamentals, Puzzles Analysts The unit of Taiwan s Delta Electronics Inc., makes components for automobiles and data centers, among other products.
Updated: January 08, 2021 10:14 am IST
Delta Electronics (Thailand) Pcl s shares have surged more than 11-fold over the past year, leaving market watchers and even the company puzzled. With fundamentals not strong enough to justify the meteoric rise, analysts too are falling out of love with the stock.
While electronic-parts makers have emerged as a hot play after the pandemic boosted work-from-home activities and spurred demand for video-conferencing, cloud services and e-commerce, Delta has rallied more than any of the world s electrical stocks with a market value of more than $500 million.