Lite-On Technology (TW 2301) today reported May consolidated revenue of NT$19.69 billion with growths of 4% M-o-M and 19% Y-o-Y. All core businesses showed steady consecutive growth, resulting from increased end-market demand, coupled with ongoing market share gains. Cumulative consolidated revenue of Lite-On from January to May reached NT$90.35 billion, up 14% Y-o-Y.
Optoelectronics business segment contributed a 29% share of Lite-On’s overall revenue in May. Thanks to growing demand, LED Components and Lighting products continued to grow M-o-M; Camera Module showed a remarkable revenue growth of over 100% Y-o-Y, supported by high megapixel product expansion and smooth delivery, as well as ongoing gains in the global market shares of smartphoness and tablets.
Information Technologies business segment accounted for 46% of the total revenue, of which power supplies revenue posted a growth of approximately 20% Y-o-Y, resulting from increases in global demand for server power management systems in cloud computing applications, mobiles devices, game consoles and PCs. Moreover, thanks to the delivery growth of its laser models, Multi-Function Peripherals presented a revenue expansion of over 20% Y-o-Y; HIS (Human Input Solutions - PC keyboards and peripherals) enjoyed a revenue growth of over 20% Y-o-Y, driven by ongoing market share gains as well as the smooth delivery of tablet keyboards, while Enclosure posted a revenue growth of approximately 40% Y-o-Y driven by a shipment growth of high-end server enclosure products in May.
Storage business accounted for 17% of total revenue in May, and thanks to increased demand, coupled with ongoing market share gains, Solid State Drive (SSD) presented a revenue growth of over 60% Y-o-Y, while products for game console application presented a growth of approximately 40% Y-o-Y.
Contact:
Julia Wang
Director, Investor and Public Relations
Tel: +886-2-8798-2888
LiteOnTech.IR@yizhaojr.com