Grand Opening of Lite-On East China Regional Headquarters and Green Energy Base

2009/09/27

Lite-On Technology Corporation (2301-TW), a worldwide leader in optoelectronics and high-tech electronics, officially opened today its East China Regional Headquarters in Wujin, Changzhou, which will serve as the company’s first Green Energy base. All of the facilities, from buildings to production lines, impact renewable energies in some way, from energy creation, conversion, storage and saving, to the reduction of CO2 emissions. The opening of the East China Regional Headquarters will not only boost Lite-On’s global supply chain management and cost efficiency, but also facilitate the Lite-On Group’s further expansion into the green energy industry, leveraging Lite-On’s leading advantages in the global information and communication technology industries.

Located in the Wujin Hi-Tech Industrial Zone, Changzhou, Jiangsu, Lite-On’s East China Regional Headquarters is one of the most significant investments in China in recent years. Various government leaders and officials attended the opening ceremony, along with Raymond Soong, Chairman of the Lite-On Group; David Lin, Lite-On Group CEO; and KC Terng, CEO of Lite-On Technology Corporation; jointly unveiling the opening of the new facility.

The first phase of construction of the East China Regional Headquarters was completed in July 2009 and manufacturing of Switching Power Supply products has commenced. Currently, there are 14 production lines running and that figure is projected to increase to 40 production lines by the end of the year, with a monthly capacity of 6 million units and 4,500 employees in the plant. Manufacturing by the Optoelectronics and Human Input Solutions (PC Keyboard and peripherals） business units is scheduled to take place in the facility in the future. Lite-On anticipates earning great benefits from integrating its supply chain resources in Eastern China and making further improvements in operational efficiencies. Thanks to the energy-saving designs in plants and manufacturing processes, and the production of high-efficiency power supplies and Optoelectronics, coupled with LED street lights and Thin Film solar green house installations, the Lite-On Group expects to save 2.88 billion KWH and reduce 2.74 million tons of Carbon Dioxide emissions per year, which is equivalent to preventing an incremental 152,431 hectares in deforestation.

Founded in 1975, Lite-On Group is the world’s leading maker of electronic devices and optoelectronic components, with 40 sales and production facilities in Asia, Europe and the Americas. In China, the Lite-On Group has established comprehensive sales and production facilities with more than 50,000 employees in 30 locations. Upon its initial public offering in 1983, Lite-On Technology Corp was the first technology company listed on the Taiwan Stock Exchange. As of 2008, the Lite-On Group’s worldwide consolidated revenue exceeded US $7 billion and the company was ranked No.1 in the “Electronic Components” category by Business Week Magazine in 2009 survey for the ”Cross-Strait 1000” in Greater China Region. Lite-On has vigorously penetrated the market sectors of computers, communications, consumer electronics and auto-electronics. Its power supply, imaging, Optoelectronics, MFP and camera modules businesses are ranked in the top 5 worldwide.

Press Contact:
Julia Wang, Director of IR/PR
+886-2-8798-2888
Liteontech.pr@liteon.com