Lite-On Technology (2301-tw) today reported November consolidated revenue of NT$18.82 billion, declined 5% M-o-M and 6% Y-o-Y. Cumulative sales for January to November totaled NT$197.76 billion due to the global lukewarm ICT demand in 2015.
The Optoelectronics business segment contributed a 24% share of Lite-On’s overall revenue. Thanks to the increased demands, LED vehicle Lighting posted a revenue growth of over 30% Y-o-Y in November.
Information Technologies business segment accounted for 50% of sales with a revenue growth 3% Y-o-Y, of which Power systems’ November revenue grew approximately 10% Y-o-Y driven by increases in global demand for server and networking power management systems in cloud computing and mobile devices.
The Storage accounted for 15% of total revenue, as a result of seasonality.
Contact:
Julia Wang Senior Director,
Investor and Public Relations
Tel: +886-2-8798-2888
LiteOnTech.IR@liteon.com