LITEON Technology Reports Consolidated April Sales of NT$13.4 Billion Up 27% YoY

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LITEON Technology reported its April consolidated revenue of NT$13.4 billion. Thanks to the growth from power management in cloud computing, advanced server, and networking, the revenue is up 27% YoY. The three major business segments: Opto-electronics, Cloud & AIoT, and Information Technology & Consumer Electronics— each posted yearly growth. The cumulative sales for January to April totaled NT$49.8 billion, up 27%, Y-o-Y.

Opto-electronics Business contributed a 19% share of total sales, of which, thanks to delivery growth from LITEON’s worldwide No.1 shipment photocouplers, infrared applications and Mini LED applied in gaming PC and mobile phone, Opto-electronics Business posted yearly growth near 10%.

Cloud & AIoT Business contributed a 43% share of sales, of which, benefiting from the delivery growth for power management systems of high-end datacenter server and cloud computing, Cloud & AIoT business posted a yearly growth of near 50%.

Information Technology & Consumer Electronics Business accounted for 38% of sales, of which, with the ongoing optimized product mix and diversified application markets, as well as smooth delivery seen in advanced power supply, LEO satellite & gaming power supplies, keyboards and intelligent peripherals, Information Technology & Consumer Electronics Business posted a yearly growth of over 15%.