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Lite-On Technology Reports Consolidated June Sales of NT$19B
July 7, 2016 | Lite-On TechnologyEstimated reading time: Less than a minute
Lite-On Technology has reported June consolidated revenue of NT$19.11 billion, up 10% month-on-month and 8% year-on-year, hitting a monthly record high for eight months. Cumulative sales from January to June totaled NT$103.59 billion.
The optoelectronics business segment, which contributed 22% share of Lite-On’s overall revenue, grew by 3% YoY, mainly driven by ongoing market share gains from LED components and outdoor street lighting as well as smooth delivery of vehicle lighting. Lite-On’s overall LED and lighting business posted a revenue growth of approximately 20% YoY.
The information technologies business segment, which accounted for 51% of sales, registered a revenue growth of 7% YoY, of which, cloud computing application products posted continuous revenue growth year-on-year, supported by delivery expansion of high-end server enclosures as well as server and networking power management systems, one of the key growth drivers for power systems business.
The storage business segment accounted for 21% of total revenue with a sales growth of over 40% YoY, as a result of increased end-market demand.
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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.