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Delta Electronics (2308.TW) is a Taiwanese power electronics and industrial automation company with ~$13 B USD in annual revenue (2024).
GLEIF has an active LEI for Delta Electronics, Inc. (529900UVZWNWGDLJSM52, status ISSUED) but reports no parent — checked directly via gleif_lookup.py. No single shareholder holds a controlling stake: the top 25 shareholders together hold less than half the company, and the largest holder, Deico International Limited (~10.3%), is well short of control; retail investors hold the largest aggregate block (~45%). Founder Bruce C.H. Cheng (chairman until 2012, now honorary chairman) and family remain the most visible insider block — Chong Hua Cheng (~4.1%) and CEO Ping Cheng (~2.1%) both hold named stakes — but this is a widely-held public company, not a family-controlled or state-controlled one. No entity meeting this dossier's parent_slug bar (a real corporate parent with its own dossier) exists; not applicable here.
Named counterparties identified by open-source research and written only where a primary source states the relationship — never inferred from sector or co-mention. 1 customer-side. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
Delta's own release (2026-03-16) describes 800 VDC power/cooling systems (in-row power racks, CDUs, solid-state transformers, SOFC, microgrid) 'developed in collaboration with NVIDIA' for NVIDIA MGX and GB300 NVL72 AI-factory architectures. Frames Delta as an ecosystem/infrastructure partner building to NVIDIA's spec, not a disclosed sales contract — no dollar value or volume given. Re-checked 2026-09-25 (wake-minerals-buyers, step 0.5): source_url still live, dated 2026-03-16, still states 'developed in collaboration with NVIDIA, such as the 800 VDC In-Row 660kW Power Racks' and lists an In-Rack 140kW L2L CDU for NVIDIA GB300 NVL72; no contract value, volume or supplier/customer terms -- confirmed, no change.
Scope. Absence of a counterparty here is not evidence that none exists — most commercial sourcing is confidential and never becomes public. Rows without a share figure mean no share was disclosed, not that the relationship is small.
Every exposure is read as a buyer dependency; the top 3 are its binding chokepoints.
Dossier discloses a neodymium exposure with no Dy/Tb/Sm tag and a sector where doping is not the rule — whether this company's magnets are Dy/Tb-doped is not on record. Resolved by a disclosed magnet grade, or a named magnet supplier in named_counterparties.
A61's suspension (Announcement 70) lapses 10 Nov 2026 — on the plain text, controls revive automatically. The US DoD CN/RU/IR/KP sourcing bar follows 1 Jan 2027. See the underlying extraterritorial export-control action. We supply the provenance file; we never compute your ratio for you.
As a buyer, policy pressure across its consumed materials is rising.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
No actions in the register have named or swept this company in the last 24 months.