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LITEON Technology Reports Consolidated March Sales of NT$12.7 Billion, Up 17% M-o-M
April 10, 2023 | LITEON TechnologyEstimated reading time: Less than a minute
LITEON Technology reported its March consolidated revenue of NT$12.7 billion, up 17% M-o-M and down 11% Y-o-Y, excluding sales of the transferred image business. Thanks to continuous growth from high-value core businesses such as power management in cloud computing, automotive electronics, and 5G network equipment, cumulative sales for January to March totaled NT$34.2 billion.
Opto-electronics Business contributed a 22% share of total sales, of which, stable demand seen in LITEON’s worldwide No.1 shipment photocouplers used in industrial automation and green energy advanced applications; coupled with delivery growth from electronic vehicle chargers, LED vehicle lighting and ADAS camera modules, Opto-electronics business posted a monthly growth over 10%.
Cloud & AIoT business contributed a 37% share of sales. Thanks to the delivery growth from high-end datacenter server and networking power management systems for cloud computing, as well as 5G network equipment, Cloud & AIoT posted a monthly growth over 15%.
Information Technology & Consumer Electronics Business accounted for 41% of sales, of which, ongoing product optimization and high-end power adapters shipments presented a growth over 20% M-o-M.
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