Delta Electronics has announced plans to invest NT$6.95 billion in acquiring the land and factory buildings of Taifeng Tire's Guanyin plant, situated in Taoyuan City's Guanyin District. The anticipated completion date for this transaction is by the end of 2025. The primary objective of this acquisition is to broaden the development scope of the plant and repurpose it for innovative business ventures, including hydrogen energy, energy storage solutions, and data centers. This strategic move aims to bolster both production efficiency and research and development capabilities.