LITE-ON Technology (2301-tw) today reported September consolidated revenue of NT$19.85 billion, up 7% M-o-M and declined 11% Y-o-Y. Thanks to stable end-demand from core businesses, cumulative sales for January and September totaled NT$ 160.39 billion.
Optoelectronics business segment contributed a 21% share of total sales. Thanks to the growing demand from invisible LED, ongoing market share gains in LED components, smooth delivery of LED vehicle lighting, and market expansion of street lighting, Optoelectronics business posted a growth of approximately 10% M-o-M.
Information Technologies business accounted for 56% of total sales with a growth of 4% M-o-M, of which, Power Supply revenue posted consecutive growths supported by ongoing delivery growths of high-end server and networking power management systems for cloud computing as well as power supplies for AI Smart Home devices while HIS (Human Input Solutions - PC Keyboards and Peripherals) presenting ongoing market share gains. Meanwhile, the Storage segment accounted for 17% of total revenue.
Contact:
Julia Wang
Senior Director, Investor and Public Relations
Tel: +886-2-8798-2888
LiteOnTech.IR@yizhaojr.com