Lite-On Technology (TW 2301) today reported November consolidated revenue of NT$19.6 billion, up 11% Y-o-Y & 1% M-o-M. All strategic business groups showed steady growth, of which Camera Module’s sales hit consecutive historical record highs for the third month in a row. Cumulative consolidated revenue of Lite-On Tech from January to November reached NT$192.6 billion.
Thanks to increases in the global demand for networking devices and server power management systems in cloud computing applications, mobiles devices and game consoles, Power SBG posted a revenue growth of approximately 20% Y-o-Y. Meanwhile, Camera Module, supported by high pixel product expansion and smooth delivery, as well as ongoing gains in the global market shares of smartphoness and tablets, posted remarkable revenue growths of over 10% M-o-M and approximately 50% Y-o-Y.
As for storage devices, thanks to increased demand and ongoing market share gains, Solid State Drive (SSD) posted a substantial growth of over 40% Y-o-Y. Products for game console applications also posted impressive consecutive monthly and yearly growths, resulting from smooth delivery coupled with peak season effects.
LED Components and Lighting products posted a growth of over 10% Y-o-Y. Thanks to stable demand from branded customers and delivery growth, revenue from LED Lighting Components increased over 60% Y-o-Y. LED Street Lighting also posted a revenue growth of over 10% Y-o-Y, driven by rising demand for energy saving solutions in North America, while vehicle LED Lighting posted a growth of approximately 30% Y-o-Y.
Moreover, Multi-Function Peripherals presented consecutive growth, mainly thanks to the delivery growth of its new laser model. HIS (Human Input Solutions - PC keyboards and peripherals), supported by ongoing global market share gains as well as the smooth delivery of tablet keyboards, posted a revenue growth of over 10% Y-o-Y. Enclosure also posted a revenue growth of 10% Y-o-Y, driven by the smooth delivery of high-end server enclosure products. All of the above resulted in a revenue growth of approximately 10% Y-o-Y in the Mechanical Competence SBG in November.
Contact:
Julia Wang Director, Investor and Public Relations
Tel: +886-2-8798-2888
LiteOnTech.IR@yizhaojr.com