Lite-On Technology Corp. (TW 2301) today reported October consolidated revenue of NT$10.41, up 3% Y-o-Y, mainly attributable to steady order intakes in Strategic Business Groups, coupled with stable global end-demand. Cumulative sales from January through October totaled NT$99.8 billion, maintaining the same level as during the same period last year.
In October, thanks to the steady increase in the market demand of mobile devices for cloud computing applications, Lite-On’s core business units showed sequential growth. In the Optoelectronics SBG, Camera Module revenue grew by over 10% Y-o-Y, supported by its capacity expansion, smooth delivery of high-end products and sequential gains in the global market-share of smart-phones and table PCs. Meanwhile, thanks to substantial demand from branded customers and delivery growth, revenue from LED lighting components increased approximately 600% Y-o-Y and total revenue from LED business units increased by 40% Y-o-Y. As a result, the Optoelectronics SBG posted a revenue growth of 19% Y-o-Y in October.
Additionally, the HIS (Human Input Solutions-PC keyboards and peripherals) business unit in the Mechanical Competence SBG also enjoyed a growth of approximately 10% Y-o-Y, resulting from the increasing shipments of keyboards for tablet PCs, as well as the ongoing global market share gains in desktop and notebook PCs.
Contact:
Julia Wang Director,
Investor and Public Relations
Tel: +886-2-8798-2888
LiteOnTech.IR@liteon.com