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Lite-On Technology Expects New Businesses to Profit in 2016
June 25, 2015 | DigitimesEstimated reading time: Less than a minute
Taiwan-based EMS provider Lite-On Technology has started operating in around six to seven new business fields and expects four—automotive electronics, LED street lamps, industrial automation and biotechnology/medical care—to begin to profit in 2016, company chairman Raymond Soong said during the company's 2015 shareholders' meeting, as reported by Digitimes.
Lite-On has become the largest Taiwan-based maker of automotive electronics in terms of revenues. For LED street lamps, the company has attained a market share of 40% in Taiwan and 40% in the United States. In particular, Lite-On has recorded LED street lamp market share of 100% in Los Angeles and San Francisco.
Suggested Items
Seeing a Future in Mexico
07/09/2025 | Michelle Te, I-Connect007The Global Electronics Association (formerly known as IPC) has been instrumental in fostering a partnership with Guanajuato, a state north of Mexico City with 12 industrial clusters and close to 150 companies involved in electronics. This past spring, Alejandro Hernández, the undersecretary for investment promotion in Guanajuato, attended IPC APEX EXPO 2025 at the invitation of IPC Mexico Director Lorena Villanueva, where he met with several companies to discuss the opportunities available in Mexico. He is inviting electronics-related companies seeking long-term investment in a centrally located area with access to highways, railways, and ports.
Webinar Review: A Global Trade and Economy in Flux
07/09/2025 | I-Connect007 Editorial TeamIn a July 8 webinar, Global Electronics Association Chief Economist Shawn DuBravac provided a comprehensive analysis of the evolving international trade environment, its implications for inflation, monetary policy, and labor dynamics, and a sober assessment of market valuations. In “Navigating a Shifting Landscape” DuBravac painted a picture of a global economy in flux, where shifting trade alliances and tariff structures are redrawing the supply chain map and influencing the broader economic landscape, while also conveying an overall bullish market outlook.
Arrow Electronics Launches Engineering Solutions Center to Support Tech Innovation Across India and Southeast Asia
07/09/2025 | Arrow ElectronicsArrow Electronics, a global provider of technology solutions, announced the launch of its new Engineering Solutions Center(ESC) in Bangalore, India.
LITEON Technology Reports Consolidated June Sales of NT$13.6 Billion, Up 16% Y-o-Y
07/08/2025 | LITEON TechnologyLITEON Technology reported its June consolidated revenue of NT$13.6 billion. Thanks to the growth from power management in cloud computing, advanced server, and networking, the revenue is up 2% M-o-M, 16% Y-o-Y. The cumulative sales for January to June totaled NT$76.8 billion, up 24%, Y-o-Y.
Niche Electronics Announces Major Manufacturing Upgrade
07/08/2025 | Niche ElectronicsNiche Electronics, a leading electronics manufacturing services company, announced today that it has completed installation of Yamaha’s newest SMT lineup at its Pennsylvania production facility.