Lite-On Technology (2301-tw) today reported October consolidated revenue of NT$19.76 billion, maintaining the same revenue level as the same period last year, and declined 4 % M-o-M. Cumulative sales for January to October totaled NT$178.95 billion due to the global lukewarm ICT demand in 2015.
The Optoelectronics business segment contributed a 23% share of Lite-On’s overall revenue. Thanks to the increased demands from LED Lighting, overall LED Components and Lighting products yearly revenue continued to grow.
The Information Technologies business segment accounted for 49% of sales with a revenue growth 3% Y-o-Y, of which Power systems’ October revenue grew approximately 10% Y-o-Y as a result of increases in global demand for server and networking power management systems in cloud computing, mobile devices and game consoles.
The Storage business segment accounted for 18% of sales, delivered over 10% yearly growth, thanks to the increased demand for game consoles.
Contact:
Julia Wang
Senior Director,
Investor and Public Relations
Tel: +886-2-8798-2888
LiteOnTech.IR@liteon.com