LITE-ON Technology Reports Consolidated July Sales of NT$15.50 Billion
LITE-ON Technology (2301-tw) today reported its July consolidated revenue of NT$15.50 billion, up 1% Y-o-Y and decreased 7 % M-o-M excluding the transferred mobile phone camera module business revenue. Thanks to stable end demand from core businesses cumulative sales for January and July totaled NT$118.73 billion.
Optoelectronics business segment contributed a 17% share of total sales. Thanks to the growing demand from invisible LED, ongoing market share gains in LED components, smooth delivery of LED vehicle lighting, coupled with street lighting’s increased shipment to Middle East market, Optoelectronics business posted a growth of approximately 10% Y-o-Y.
Information Technologies business accounted for 63% of sales. Delivery growth of high-end server and networking power management systems for cloud computing, power supplies for AI smart home devices, and server enclosures supported yearly growth in Information Technologies. Meanwhile, the Storage segment accounted for 14% of total revenue.
Senior Director, Investor and Public Relations