Lite-On Technology (2301.TW) today held its 2016 annual general meeting, during which the shareholders approved the distribution of a NT$2.24 dividend per common share. Of that sum, the cash and stock dividend portions will be NT$2.19 and NT$0.05 per share respectively. The payout ratio and cash dividend yield are 72% and 4.9%, in line with the company’s high and stable payout ratio. Meanwhile, the approval was also granted for the election of Mr. Kuo-Feng Wu, Mr. Harvey Chang, Mr. Edward Yang and Mr. Albert Hsueh to serve as independent directors.
     Despite the lukewarm demand for products and services in the global information and communication industries in 2015, Lite-On Group has been focusing on profits, steadying operations and increasing return on equity as our operational strategies. The increase of profits has been shown through its execution and combat effectiveness. Meanwhile, Lite-On concentrated on the five Internet of Things (IoT) applications, i.e., cloud computing, LED lighting, automotive electronics, biomedical technology and industrial automation as the company transformed. Lite-On aggressively integrated across business units to invest in resources, research and taskforces for the business development in each application using the advantage of “One Lite-On” as the new re-starting point. In 2015, Lite-On’s annual consolidated sales were NT$216.9 billion, of which revenue of non-traditional PC related products contributed over 60% share of overall revenue, and the net profits were 7.22 billion with EPS of NT$3.11, up 11% Y-o-Y.
    “Lite-On's development in new business areas has taken off, and research and innovation have led into operations scaling up as a new wave of growth momentum. Looking ahead, Lite-On will continue to strengthen its production advantage and operational structure. We will eagerly participate in the development of new applications and use a multi-directional approach to create sustainable growth and achieve our developmental goals of transformation and advancement,” said Mr. Raymond Soong, Lite-On Chairman.
      In 2015, Lite-On successfully introduced data center power management systems by providing innovative and flexible cloud applications for critical infrastructure power management, remote backups, and remote monitoring as comprehensive solutions. Lite-On’s own biomedical technology brand, Skyla®, has successfully entered the global biotechnology healthcare market, developing automated biochemical analyzers and glycated hemoglobin analyzers. In March of 2016, we announced the establishment of the first overseas biotechnology research and development center in Singapore, geared towards the emergency and remote care markets. This integrates our dual advantages of product design and product manufacturing and allows us to zealously develop highly competitive point-of-care products.
     Lite-On strives for corporate governance transparency and social responsibility implementation, and it has been selected as a member of Dow Jones Sustainability Index (DJSI) for five years in a row as well as a Member of MSCI Global Sustainability Index for two consecutive years. Lite-On was also named one of the leading companies in Climate Disclosure Leadership Index (CDLI) for the second consecutive year. Its highly transparent information disclosure measures earned the highest ranking of A++ on the TWSE (Taiwan Stock Exchange) for two consecutive years.

Press Contact:
Julia Wang,
Senior Director of IR/PR
+886-2-8798-2888
LiteOnTech.IR@yizhaojr.com