BANGKOK -- Thailand's most valuable electronics company on Friday reported slower profit growth for 2024, missing analysts' forecasts as its promising AI data center business was not enough to offset weaker demand in the electric vehicle market.
Analysts say electronics maker's future earnings clouded by DeepSeek's AI disruption

Delta Electronics Thailand's net profit growth slowed in 2024. © Reuters
BANGKOK -- Thailand's most valuable electronics company on Friday reported slower profit growth for 2024, missing analysts' forecasts as its promising AI data center business was not enough to offset weaker demand in the electric vehicle market.