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LITEON Technology reported its May 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 22% Y-o-Y. The three major business segments: Opto-electronics, Cloud & AIoT, and Information Technology & Consumer Electronics— each posted yearly growth. The cumulative sales for January to May totaled NT$63.2 billion, up 26%, Y-o-Y.
Opto-electronics Business contributed a 20% 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 of 10%.
Cloud & AIoT Business contributed a 40% 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 over 30%.
Information Technology & Consumer Electronics Business accounted for 40% 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 20%.
