LITEON Technology Reports Consolidated January Sales of NT$ 14.08 Billion, up 39% Y-o-Y

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Press Releases

2021/02/17

LITEON Technology (2301-tw) today reported its January consolidated revenue of NT$ 14.08 billion. Thanks to the stable demand from its core business, LITEON’s sales increased 6% M-o-M and 39% Y-o-Y in January, excluding transferred SSD business and Silitech, which would not be consolidated into LITEON’s financial report starting from 2021.

Opto-electronics business segment contributed a 20% share of total sales, of which, the ongoing demand growth from LED components driven by invisible LEDs used in industrial automation, 5G and AIoT applications, UV LED applied to medical, disinfection, water and air purification, coupled with delivery growth of LED vehicle lighting, supported Opto-electronics a growth of over 20% Y-o-Y in January.

Information Technology & Intelligent Peripherals business accounted for 55% of total sales. Thanks to the continued strong demands from Notebook PC adapters and gaming powers, ongoing market share gain in IT keyboards and mice as well as smooth delivery of laser models of multi-function peripherals, Information Technology & Intelligent Peripherals posted a growth of over 20% Y-o-Y.

Cloud & AIoT business segment contributed a 25% share of total sales, of which, the delivery growth from high-end server and networking power management systems for cloud computing, power supplies for AI smart home devices, and high-end sever enclosures supported Cloud & AIoT business a growth of approximately 30% Y-o-Y.

LITEON Technology Business Segments

Contact:

Julia Wang

Senior Director, Investor and Public Relations

Tel: +886-2-8798-2888

LITEONTech.IR@liteon.com