Lite-On Technology Corp. (TW 2301) today reported June consolidated revenue of NT$10.43 billion, up 4% Y-o-Y and 2% M-o-M. The sales growth was attributable to Lite-On’s ongoing market share expansion and smooth delivery coupled with steady end demand. Cumulative Sales from January through June reached NT$58.1billion, maintaining the same level as during the same period last year.
In June, all of Lite-On’s Strategic Business Groups showed steady growth. Thanks to new product ramp-ups, ongoing market share gains by branded customers and increased shipment of high-end power management systems, Power SBG posted a respectable revenue growth of 15% M-o-M, while hitting a new 15-month record monthly high. In Optoelectronics SBG, revenue from LED lighting components increased by approximately 300% Y-o-Y due to substantial demand from branded customers coupled with expanded production, and Camera Module revenue enjoyed a remarkable growth of 30% Y-o-Y due to sequential gains in the global market-share of smart-phoness and PCs, which resulted in Optoelectronics SBG’s revenue growth of 12% Y-o-Y. Additionally, HIS (Human Input Solutions – PC keyboards and peripherals) business unit in the Mechanical Competence business group also posted a substantial revenue growth of over 20% Y-o-Y.
Contact:
Julia Wang Director, Investor and Public Relations
Tel: +886-2-8798-2888
LiteOnTech.IR@yizhaojr.com