LITE-ON Technology Reports Consolidated September Sales of NT$19.30 Billion
LITE-ON Technology (2301-tw) today reported its September consolidated revenue of NT$19.30 billion, up 4% M-o-M and 5 % Y-o-Y, excluding the transferred mobile phone camera module business revenue, hitting a monthly record high for 2 years. Thanks to stable end demand from core businesses, cumulative sales for January and September totaled NT$156.62 billion.
Optoelectronics business segment contributed a 14% share of total sales. Thanks to the growing demand from invisible LED, ongoing market share gains in LED components, coupled with smooth delivery of LED vehicle lighting, Optoelectronics business posted a growth of approximately 10% Y-o-Y.
Information Technologies business accounted for 63% of sales, of which, delivery growth of high-end server and networking power management systems for cloud computing, power supplies for AI smart home devices, coupled with ongoing market share gains in HIS (Human Input Solutions - PC Keyboards and Peripherals) supported a growth of 10% Y-o-Y in Information Technologies.
Meanwhile, the Storage segment accounted for 19% of total revenue. Thanks to strong demand from cloud computing application, the segment posted a growth of approximately 10% Y-o-Y.
Senior Director, Investor and Public Relations