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LITEON Technology Reports Consolidated March Sales of NT$15.15 Billion
April 15, 2022 | LITEON TechnologyEstimated reading time: 1 minute
LITEON Technology reported its March consolidated revenue of NT$15.15 billion, up 31% M-o-M and 14% YOY, hitting a record high of the same period in 4 years. Thanks to continuous optimization of product mix and the stable demand from its core business, cumulative sales for January to March totaled NT$41.23 billion, up 9% YOY.
Opto-electronics business contributed a 20% share of total sales, of which, the ongoing demand growth from LITEON’s worldwide No.1 shipment photocouplers used in industrial automation, high-end power supply and green energy applications; smooth delivery of high-end Mini LED and sensor modules applied in wearables, AR/VR devices, coupled with delivery growth of LED vehicle lighting, Opto-electronics business posted a monthly growth of 10%.
Cloud & AIoT business contributed a 31% share of sales, which already accounted for 30% of total revenue for three consecutive months. Thanks to delivery growth from high-end datacenter server and networking power management systems for cloud computing, and power supplies for AI smart home devices, Cloud & AIoT posted a monthly growth of 37%.
Information Technology & Consumer Electronics business accounted for 49% of sales, of which, Notebook PC power adapters, gaming power supplies, IT keyboards and mice, as well as laser models of multi-function peripherals presented a growth of 36% MOM.
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