Lite-On Technology (2301-tw) today reported July consolidated revenue of NT$19.37 billion, up 1% M-o-M and 11% Y-o-Y, consecutively hitting a monthly record high for nine months. Thanks to stable end market demands of Lite-On’s core business, cumulative sales from January to July totaled NT$122.96 billion, up 2% 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 6% M-o-M and 5% Y-o-Y in July.
The Information Technologies business segment accounted for 47% of sales with a revenue growth of 2% 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 21% 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