Latest news with #VictorCheng
The Guardian
02-08-2025
- Entertainment
- The Guardian
‘This vertical city is so dense, the only way to build is up': Victor Cheng's best phone picture
Victor Cheng describes his adopted city as 'organised chaos'. The photographer, originally from Toronto but now based in Hong Kong, says that while many people have a stereotypical view of the city, based on classic kung fu movies or Rush Hour, it's 'actually quite modern, and full of skyscrapers. It's also fast-paced; even at times when you have nowhere to be, you get caught up in the busy streets and start to feel you have to move faster!' Despite that, Cheng says he sees the city as a 'photographer's paradise. There are so many photogenic spots and scenes.' The Yick Cheong building seen here, known colloquially as Monster Building or Monster Mansion, is usually teeming with locals and tourists. When Cheng took this shot, however, the Covid lockdown was in force. Sign up to Inside Saturday The only way to get a look behind the scenes of the Saturday magazine. Sign up to get the inside story from our top writers as well as all the must-read articles and columns, delivered to your inbox every weekend. after newsletter promotion 'I think it gained its nickname after it was in a Transformers movie,' he says. 'It's a residential building, but downstairs there are shops, cafes and wet markets. Because of the pandemic, it felt like I had the place to myself. I set a timer, put the phone down and used the wide-angle lens to get the shot.' Cheng later applied minor adjustments using the Lightroom app. 'I hope that people would be amazed at how dense this vertical city is,' Cheng says. 'Space is so limited that the only way to build is up.'
Bangkok Post
30-07-2025
- Business
- Bangkok Post
Delta sees impact on supply chain from tariffs
Delta Electronics, Thailand's largest electronics firm by market capitalisation, says Southeast Asia and India will continue to be its powerhouse to serve global customers, but it is concerned that US tariffs will cause a medium-term impact on the supply chain. Delta operates in multiple countries, with manufacturing plants in Thailand, Slovakia and India, said Victor Cheng, chief executive of Delta Electronics (Thailand). Though its exports are well diversified, North America accounted for up to 30% of Delta's revenue last year. "Delta has a diversified manufacturing base and global customer network," he told the Bangkok Post. "We remain focused on maintaining business continuity with our customers and suppliers while monitoring discussions between the Thai and US governments." One of the world's leading producers of power supplies and electronic components, Delta's products are used in applications for automobiles, medical equipment, telecom, IT and automation. "We established long-term relationships with customers that we believe will stay with us for an extended period, even with the tariff hikes," said Mr Cheng. "But there are limits to the tax burden on the supply chain, which means businesses could see a medium-term impact if tariffs escalate too far. We are concerned and await greater clarity to digest the aftermath of the US's new trade policy." Delta has prepared through supply chain planning and risk management, he said. Any material financial impacts would be communicated through official disclosures depending on "the outcome of negotiations between the two governments", said Mr Cheng. The company regularly evaluates expansion opportunities across its network to balance competitiveness, supply chain efficiency, and customer proximity. There are no immediate plans for a new manufacturing site, and Delta's strategy does not rely solely on exports, he said. "We believe Southeast Asia and India will continue to be a powerhouse to support global customers," said Mr Cheng. "We will reconfigure our investment scenario based on the evolving dynamics of the global supply chain to ensure we continue to add value and support long-term demand requirements." Delta continually reviews and adjusts its business and investment strategies based on market dynamics and regulatory changes. "We have long prioritised flexibility and risk management in our operations, and we're assessing all scenarios to ensure we can continue to meet customer needs while supporting long-term growth," he said. The company recently expanded its Vietnam, Indonesia and Malaysia sales offices in response to steady demand growth for Delta's solutions. Delta posted sales revenue of 44.4 billion baht in the second quarter, up 6.6% year-on-year and 4.1% quarter-on-quarter, which was worse than expected. The revenue tally was partly attributed to soft demand for mobility products due to ongoing volatility and subdued conditions in the global electric vehicle market, particularly in the US. Net profit for the quarter was 4.6 billion baht, down 29.5% year-on-year and 15.7% quarter-on-quarter.
