Lite-On Technology (TW 2301) today reported August consolidated revenue of NT$18.97 billion, up 6% M-o-M and 1% Y-o-Y with gradual growth month by month, consecutively hitting monthly sales highs for 2013. All Strategic Business Groups (SBG) showed steady growth, of which Power SBG, Camera Module, HIS (Human Input Solutions - PC keyboards and peripherals) and IT Enclosure business units all hit monthly sales highs for 2013. Cumulative consolidated revenue of Lite-On Tech from January to August reached NT$133.23 billion.
Thanks to steady increases in the demand for cloud computing applications and mobile devices, aided by ongoing market share gains in high-end Networking Devices and Server Power Management, Power SBG posted a revenue growth of 4% both M-o-M and Y-o-Y. Camera Module, supported by high pixel product expansion and smooth delivery, as well as ongoing gains in the global market-shares of smartphones and tablets, posted a revenue growth of approximately 30% Y-o-Y, and both businesses hit consecutive monthly record highs for 2013.
For Storage devices, thanks to increased demand and ongoing market share gains, Solid State Drive (SSD) posted a remarkable growth of over 70% Y-o-Y. Products for Game Console applications also posted growth, resulting from smooth delivery coupled with peak season effects.
LED components and Lighting products posted consecutive growth over last year. Thanks to stable demand from branded customers and delivery growth, revenue from LED lighting components increased approximately 20% Y-o-Y. LED street lighting also posted a revenue growth of 40% Y-o-Y, driven by increased demand for energy saving solutions in North America and Taiwan.
Moreover, HIS (Human Input Solutions - PC keyboards and peripherals), supported by ongoing global market share gains as well as the smooth delivery of tablet keyboards, posted a revenue growth of approximate 20% Y-o-Y, hitting a record high. Multi-Function Peripherals revenue showed continuous growth thanks to the smooth delivery of its new laser model, while Enclosure also posted a revenue growth of over 30% Y-o-Y, hitting a 16-month record high driven by the smooth delivery of high-end server enclosure products, which resulted in revenue growths approximately 20% Y-o-Y in the Mechanical Competence SBG.
Contact:
Julia Wang
Director, Investor and Public Relations
Tel: +886-2-8798-2888
LiteOnTech.IR@liteon.com