Lite-On Technology (TW 2301) today reported June consolidated revenue of NT$17.21 billion and parent company consolidated sales of NT$10.57 billion, up 4% M-o-M and 3% M-o-M respectively. All of Lite-On’s Strategic Business Groups (SBG) showed stable order intakes, and cumulative consolidated revenue of Lite-On Tech and its parent company from January to June were NT$96.37 billion and NT$58.75 billion respectively.
Thanks to steady increases in the demand for cloud computing applications and mobile devices, Power SBG posted stable revenue growth, owing to ongoing market share gains in high-end Networking Devices and Server Power Management Systems. Camera Module revenue continued to grow sequentially, supported by its production capacity expansion and the smooth delivery of high-end products, as well as ongoing gains in the global market-share of smartphones and Tablet PCs. Meanwhile, HIS (Human Input Solutions-PC keyboards and peripherals) posted a revenue growth of approximate 20% Y-o-Y, supported by ongoing global market share gains as well as the smooth delivery of tablet keyboards, while Multi-Function Peripherals posted revenue growths of approximately 10% both Y-o-Y and M-o-M for its new laser model delivery start up, resulting in a growth of 8% Y-o-Y in the Mechanical Competence SBG.
LED components and Lighting products presented a growth of over 10% Y-o-Y. Thanks to substantial demand from branded customers and delivery growth, revenue from LED lighting components increased over 60% Y-o-Y. Vehicle LED Lighting products also posted a revenue growth of approximate 20% Y-o-Y, resulting from increased market demand, as well as ongoing market share gains in worldwide automotive branded customers.
Contact:
Julia Wang
Director,
Investor and Public Relations
Tel: +886-2-8798-2888
LiteOnTech.IR@liteon.com