Lite-On Technology (2301-tw) today reported August consolidated revenue of NT$21.05 billion, up 9% M-o-M and 18% Y-o-Y, hitting a monthly record high for five years. Thanks to stable end market demands of Lite-On’s core business, cumulative sales from January to August totaled NT$144.01 billion, up 4% Y-o-Y.
The Optoelectronics business segment contributed a 23% share of Lite-On’s overall revenue. Thanks to ongoing market share gains in LED components and outdoor lighting, smooth delivery of vehicle lighting and street lighting, coupled with increasing shipment of high-end camera module, the Optoelectronics posted revenue growths of 8% M-o-M and 4% Y-o-Y in August.
The Information Technologies business segment accounted for 50% of sales with a revenue growth of 15% M-o-M and 17% Y-o-Y, of which, cloud computing application products posted continuous revenue growth year-on-year, supported by shipment growths of high-end server and networking power management systems as well as high-end server enclosures. Meanwhile, the revenue growths were also driven by ongoing market share gains in HIS (Human Input Solutions - PC Keyboards and Peripherals) and delivery growth in laser models of Multi-Function Peripherals.
The Storage business segment accounted for 20% of total revenue with a sales growth of approximately 60% Y-o-Y, as a result of increased end-market demands from cloud computing and gaming applications.
Contact:
Julia Wang
Senior Director,
Investor and Public Relations
Tel: +886-2-8798-2888
LiteOnTech.IR@yizhaojr.com