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LITEON Technology Reports Consolidated May Sales of NT$12.4 Billion, Up 3% MoM
June 12, 2023 | LITEON TechnologyEstimated reading time: Less than a minute
LITEON Technology reported its May consolidated revenue of NT$ 12.4 billion, up 3% M-o-M and down 10% Y-o-Y, excluding sales of the transferred image business. Thanks to continuous yearly growth from high-value core businesses such as power management in cloud computing & AI server, automotive electronics, and 5G network equipment, cumulative sales for January to May totaled NT$58.6 billion.
Opto-electronics Business contributed a 21% share of total sales, of which, stable demand seen in LITEON’s worldwide No.1 shipment photocouplers used in industrial automation and green energy advanced applications; with delivery growth from electronic vehicle chargers, LED vehicle lighting and ADAS camera modules, Opto-electronics business posted a monthly growth around 5%.
Cloud & AIoT business contributed a 36% share of sales. The shipment of high-end datacenter server and networking power management systems for cloud computing & AI server, as well as 5G network equipment posted a yearly growth.
Information Technology & Consumer Electronics Business accounted for 43% of sales. Thanks to ongoing optimization of product mix and smooth delivery from high-end power adapters shipments, Information Technology & Consumer Electronics Business posted a monthly growth around 5%.
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Foxconn Reports Strong September 2024 Revenue
10/07/2024 | FoxconnHon Hai Precision Industry Co., Ltd. (Foxconn) announced its unaudited consolidated revenue for September 2024, reaching NT$528.3 billion. This marks a 12.87% month-on-month increase and a 14.44% year-on-year growth, driven by robust performance across all major product lines.
Battling Counterfeit Electronics in Manufacturing
10/07/2024 | Nolan Johnson, I-Connect007Paul Jarski, product development manufacturing leader at Case New Holland (CNH), discusses his extensive experience with counterfeit electronics throughout his career. He highlights the challenges faced during market allocations, where counterfeit parts infiltrated supply chains and causing significant issues. Paul recounts the rigorous processes implemented to detect and prevent counterfeits, including advanced material analysis and testing. Counterfeit parts occasionally slipped through despite these measures, leading to costly and time-consuming audits and verifications to ensure product integrity and safety.
IPC Recommends Greater Focus on Electronics Needed for US-based AI Data Centers
10/07/2024 | IPCA new white paper from IPC, “AI-based Data Centers for the United States: Technologies, Supply Chains, and Resiliency Gaps,” explores the actions needed to improve the supply chain resiliency of U.S.-based artificial intelligence (AI) data centers and the electronics used in them.
Indian PCB Market Projected to Reach $20.17 Billion by 2032
10/05/2024 | openPRThe Indian printed circuit board (PCB) market has witnessed significant growth in recent years, reaching a value of US$4.53 billion in 2023. The market is expected to grow at an impressive compound annual growth rate (CAGR) of 18.1% between 2024 and 2032, eventually reaching a projected value of nearly $20.17 billion by 2032.