LITE-ON Technology Reports Consolidated June Sales of NT$16.15 Billion, up 9% M-o-M, Hitting a Record High in 2019
LITE-ON Technology (2301-tw) today reported its June consolidated revenue of NT$16.15 billion, up 9% M-o-M and down 2% Y-o-Y, excluding sales of the transferred mobile phone camera module and mobile mechanical business, hitting a monthly sales record high in 2019. Thanks to stable end demand from core businesses, cumulative sales for January and June totaled NT$85.67 billion.
Opto-electronics business segment contributed a 15% share of total sales, of which, vehicle LED lighting posted a consecutive yearly growth.
Information Technologies business accounted for 66% 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, coupled with ongoing market share gains in HIS (Human Input Solutions - PC Keyboards and Peripherals) drove Information Technologies a growth of over 10% M-o-M in June. Meanwhile, the Storage segment accounted for 14% of total revenue, up over 10% M-o-M.
Senior Director, Investor and Public Relations