The Knowledge Base: The Era of Advanced Packaging
Standard of Excellence: Finding and Developing Future Leaders in Manufacturing
Global Sourcing Spotlight: Navigating the Variables of Holiday Schedules in Global Sourcing
Lite-On Technology Reports 11% YoY Revenue Growth in May
June 8, 2018 | Lite-On TechnologyEstimated reading time: Less than a minute
LITE-ON Technology has reported May consolidated revenues of NT$18.49 billion ($618.74 million), up 12% month-on-month and 11% year-on-year, hitting a record high in 2018. Thanks to stable end-demand from core businesses, cumulative sales for January through May totaled NT$83.59 billion.
The Optoelectronics business segment contributed a 30% share of total sales. Driven by the growing demand from invisible LED, the ongoing market share gains in LED components, smooth delivery of LED vehicle lighting, street lighting’s increased shipment to Middle Eastern market, coupled with delivery growth in high-end camera modules, the optoelectronics business posted a growth of approximately 30% YoY.
The IT business accounted for 52% of sales, of which, ongoing delivery growth of high-end server and networking power management systems for cloud computing as well as power supplies for AI smart home devices, supported power systems to achieve more than 10% yearly growth. Moreover, the HIS (Human Input Solutions – PC Keyboards and Peripherals) business showed a revenue growth of approximately 30% YoY, driven by its ongoing market share gains.
The Storage segment accounted for 13% of total revenue. The strong demand from cloud computing applications fueled the segment’s yearly growth to about 20% YoY.
Share on:
Suggested Items
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 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.
Lite-On Technology Reports 6% Growth in 2016 Sales
01/09/2017 | Lite-On TechnologyLite-On Technology has reported December consolidated revenue of NT$21.39 billion ($667 million), up by 12% year-on-year, and marking a second monthly record high in 2016.