The Knowledge Base: The Impact of Harsh Environments on Residue Tolerance
Standard of Excellence: Hiring for Quality Positions in Manufacturing, Engineering, and Management
Global Citizenship: What I’ve Learned About the American PCB Business
Lite-On Technology Posts 6% Decline in 1H2015 Revenue
July 13, 2015 | Lite-On TechnologyEstimated reading time: 1 minute
Taiwan-based EMS firm Lite-On Technology has reported June consolidated revenues of NT$17.73 billion ($570.66 million at $1:NT$31.07), up by 6% from the previous month, but down by 12% year-on-year. The company attributes this to the impact of global slowdown in ICT end-market demand in the first half of this year. Cumulative sales for January to June totaled NT$103.21 billion ($3.32 billion), down by 6% compared to the same period last year.
The optoelectronics business segment contributed 23% of Lite-On's overall revenue. Thanks to the smooth delivery of LED street lighting in North America and Asia, coupled with increasing demand for vehicle lighting, the company's LED components and lighting products revenue continued to grow. The IT business segment, which accounted for 51% of sales, achieved a revenue growth of 11% on-month and 1% YoY. The power systems business posted flat June revenue, driven by the increases in global demand for server power management systems in cloud computing applications and mobile devices.
Meanwhile, thanks to ongoing market share gains as well as delivery growth, Lite-On's HIS (Human Input Solutions - PC Keyboards and Peripherals) business posted a 10% YoY revenue growth for June. The multi-function peripherals division achieved a similar growth, fueled by ongoing market share gains as well as the delivery growth of its laser models.
Share on:
Suggested Items
LITEON Technology Strengthens Governance of the Board
08/31/2021 | LITEON TechnologyLITEON Technology held its 2021 annual general meeting, during which the shareholders passed the distribution of a NT$3.4 cash dividend per common share, a record DPS, in line with the company’s high and stable dividend policy.
Lite-On Technology Reports June Sales of $642M
07/20/2018 | Lite-On TechnologyLite-On Technology sustains its record revenue growth in 2018 with a June consolidated revenue of NT$19.64 billion ($641.9 million), up by 6% month-on-month and by 1% year-on-year.
Lite-On Technology Reports 11% YoY Revenue Growth in May
06/08/2018 | Lite-On TechnologyLite-On Technology has reported May consolidated revenues of NT$18.49 billion, up 12% month-on-month and 11% year-on-year, hitting a record high in 2018.
Lite-On Tech to Showcase Automotive Electronics at CES 2018
12/26/2017 | DigitimesEMS provider Lite-On Technology will showcase in-house-developed automotive electronic devices at the upcoming CES 2018 event in Las Vegas.
Lite-On Technology November Sales Down 13% YoY
12/15/2017 | Lite-On TechnologyLite-On Technology has reported November consolidated revenue of NT$18.53 billion ($616.96 million), up by 5% month-on-month and down by 13% year-on-year.