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Lite-On Technology Reports October Sales of NT$20.55B
November 8, 2016 | Lite-On TechnologyEstimated reading time: Less than a minute
Lite-On Technology has reported October consolidated revenue of NT$20.55 billion ($652.7 million), up by 4% year-on-year but down by 8% from the previous month. Thanks to stable market demand, cumulative sales from January to October totaled NT$186.82 billion ($5.93 billion), up 4% YoY.
Lite-On’s optoelectronics business segment posted a revenue growth of 3% YoY in October. The IT business grew by 7% from last year, on the back of growing shipments of high-end servers, networking power management systems as well as high-end server enclosures. Revenue growth was 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, meanwhile, grew by over 10% YoY amid increasing demand from the cloud computing market.
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LITEON Technology Strengthens Governance of the Board
08/31/2021 | LITEON TechnologyLITEON Technology held its 2021 annual general meeting, during which the shareholders passed the distribution of a NT$3.4 cash dividend per common share, a record DPS, in line with the company’s high and stable dividend policy.
Lite-On Technology Reports June Sales of $642M
07/20/2018 | Lite-On TechnologyLite-On Technology sustains its record revenue growth in 2018 with a June consolidated revenue of NT$19.64 billion ($641.9 million), up by 6% month-on-month and by 1% year-on-year.
Lite-On Technology Reports 11% YoY Revenue Growth in May
06/08/2018 | Lite-On TechnologyLite-On Technology has reported May consolidated revenues of NT$18.49 billion, up 12% month-on-month and 11% year-on-year, hitting a record high in 2018.
Lite-On Tech to Showcase Automotive Electronics at CES 2018
12/26/2017 | DigitimesEMS provider Lite-On Technology will showcase in-house-developed automotive electronic devices at the upcoming CES 2018 event in Las Vegas.
Lite-On Technology November Sales Down 13% YoY
12/15/2017 | Lite-On TechnologyLite-On Technology has reported November consolidated revenue of NT$18.53 billion ($616.96 million), up by 5% month-on-month and down by 13% year-on-year.