LITEON Technology (2301-tw) today reported its November consolidated revenue of NT$13.89 billion, down 1% M-o-M and 4% Y-o-Y, excluding transferred SSD business. Thanks to the stable demand from its core business, cumulative sales for January and November totaled NT$143.67 billion.
Opto-electronics business segment contributed a 20% share of total sales. Thanks to ongoing demand growth from LED components, of which the invisible LEDs used in 5G and AIoT applications, UV LED applied to medical, disinfection, water and air purification, coupled with delivery growth of LED vehicle lighting, Opto-electronics posted a yearly sales growth in November.
Information & Communication Technologies business accounted for 76% of sales, of which, AI smart home devices and gaming applications continued to show growth in shipment.
Contact:
Julia Wang
Senior Director, Investor and Public Relations
Tel: +886-2-8798-2888
LITEONTech.IR@liteon.com