LITE-ON Technology Reports Consolidated May Sales of NT$14.8 Billion, up 9% M-o-M
LITE-ON Technology (2301-tw) today reported its May consolidated revenue of NT$14.8 billion, up 9% M-o-M, and decreased 4% Y-o-Y, excluding sales of the transferred mobile phone camera module and mobile mechanical business. Thanks to stable end demand from core businesses, cumulative sales for January and May totaled NT$69.52 billion.
Opto-electronics business segment contributed a 17% share of total sales, of which, vehicle LED lighting posted a consecutive yearly growth.
Information Technologies business accounted for 65% of sales, of which, shipment growth of high-end server and networking power management systems for cloud computing, and power supplies for AI smart home devices; smooth delivery in laser models of Multi-Function Peripherals, coupled with ongoing market share gains in HIS (Human Input Solutions - PC Keyboards and Peripherals) drove Information Technologies a growth of approximately 10% M-o-M in May. Meanwhile, the Storage segment accounted for 13% of total revenue.
Senior Director, Investor and Public Relations