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Lite-On Tech Expects Strong Year-on-Year Growth in 1Q 2019
February 27, 2019 | DigitimesEstimated reading time: Less than a minute
EMS provider Lite-On Technology expects business in first-quarter 2019 to hit the bottom level of the year with a sequential drop but significant year-on-year growth, a Digitimes report quoted company CEO Warren Chen as saying. Power supplies used in cloud computing devices, LED devices and automotive lighting devices, and smart home devices will be driving the company's business growth in the first quarter of 2019.
Of the 4Q 2018 consolidated revenues of NT$50.469 billion (US$1.64 billion), 65% came from IT product lines including power supplies used in servers, PCs and mobile devices as well as PC peripherals and MFPs (multi-function peripherals); 14.54% from optoelectronics product lines including automotive CCMs (compact camera modules), LED devices and LED lighting products; 16.11% from SSDs (solid-state drives) and optical disc drives; and 4.35% from structural components of hand-held devices and other product lines.
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Satair, RTX’s Collins Aerospace Extend 50-year Relationship
04/14/2025 | Collins AerospaceSatair and Collins Aerospace, an RTX business, have signed a four-year extension of their cabin interior parts distribution agreement, continuing a relationship that has spanned more than 50 years.
Würth Elektronik Expands Signal LED Product Range
11/21/2024 | Wurth ElectronicsWürth Elektronik expands its proven LED product series WL-SMCW and WL-SMCC with white LEDs in 0603 and 0402 packages.
HANZA CEO Erik Stenfors Participated at Stora Aktiedagarna
06/21/2024 | HANZAErik Stenfors, CEO of HANZA, gave a presentation at Aktiespararnas event Stora Aktiedagarna.
TactoTek Licenses IMSE Technology to Polestar for Sustainable Electronics Design Innovation
05/15/2024 | TactoTekPolestar, the Swedish electric performance car brand, and Finnish smart surface pioneer TactoTek, have entered a collaboration to explore integration of Injection Molded Structural Electronics (IMSE) technology into Polestar’s vehicle programs.
Demand Rebounds, Global LED Industry Revenue Expected to Grow 3% in 2024 with Market Focus on Automotive Displays
04/01/2024 | TrendForceTrendForce’s latest LED industry report indicates that the global market is set to recover in 2024, with estimated revenues reaching US$13 billion—marking a YoY growth of 3%.