Press Releases

2022/01/05

LITEON Technology Reports Consolidated December Sales of NT$15.06 billion, up 14%Y-o-Y, Continuing Hitting Record Highs in 2021

LITEON Technology (2301-tw) today reported its December consolidated revenue of NT$15.06 billion, up 1% M-o-M and 14% Y-o-Y, hitting a record monthly revenue in 2021; the fourth quarter consolidated sales of NT$44.57 billion, up 6% Q-o-Q and 9% Y-o-Y, excluding Silitech, which would not be consolidated into LITEON’s financial report starting from 2021. Thanks to the solid demand from its core business, cumulative sales for the entire year of 2021 totaled NT$164.83 billion, up 10% Y-o-Y.

 

Opto-electronics business contributed a 19% share of total sales, of which, the ongoing demand growth from LED components driven by photocouplers and sensor modules used in 5G, AIoT and green energy applications, coupled with the smooth delivery of high-end Mini LED, Opto-electronics business posted a yearly growth of 8%.

 

Cloud & AIoT business contributed a 25% share of sales. Thanks to delivery growth from high-end datacenter server and networking power management systems for cloud computing, and high-end sever enclosures, Cloud & AIoT posted a growth of 5% Y-o-Y.

 

Information Technology & Consumer Electronics business accounted for 56% of sales, of which, the demand growth from Notebook PC power adapters and gaming power supplies, as well as keyboards and mice, coupled with smooth delivery of laser models of multi-function peripherals, supported Information Technology & Consumer Electronics a yearly growth of 15%.

 

Press Contact:

Julia Wang, Sr. Director of IR/PR +886-2-8798-2888

LITEONtech.IR@liteon.com

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