LITE-ON Technology Reports Consolidated February Sales of NT$8.67 Billion

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Press Releases

2020/03/10

LITE-ON Technology (2301-tw) today reported its February consolidated revenue of NT$8.67 billion, decreasing 20% Y-o-Y and 23% M-o-M, mainly impacted by postponement of return to work from the Chinese Lunar New Year holiday due to COVID-19 outbreak. Cumulative sales for January and February totaled NT$19.98 billion.

In February, Opto-electronics, Information Technologies, and Storage business segments accounted for 21%, 62%, and 11% share of total sales respectively. It is expected that the delivery and operations in March will be better than in February, thanks to the continuous increasing return to work rate of factories in mainland China as well as optimized utilization of manufacturing sites outside China.

Contact:

Julia Wang

Senior Director, Investor and Public Relations

Tel: +886-2-8798-2888

LITEONTech.IR@liteon.com