LITE-ON Technology Reports Consolidated November Sales of NT$16.7 Billion
LITE-ON Technology (2301-tw) today reported its November consolidated revenue of NT$16.7 billion, declined 5% both Y-o-Y and 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 November totaled NT$191.0 billion.
Opto-electronics business segment contributed a 15% share of total sales, of which, the demand from invisible LED continued growing while smooth delivery of LED vehicle lighting kept ongoing. November sales of Opto-electronics maintained the same level as the same period last year.
Information Technologies business accounted for 65% of sales, of which, shipment growth of high-end server and networking power management systems for cloud computing, server enclosures and power supplies for AI smart home devices, coupled with ongoing market share gains in HIS (Human Input Solutions - PC Keyboards and Peripherals) drove Information Technologies a consecutive yearly growth in November. Meanwhile, the Storage segment accounted for 15% of total revenue.
Senior Director, Investor and Public Relations