LITEON Technology (2301-tw) today reported its October consolidated revenue of NT$ 12.2 billion, down 13% M-o-M and down 13% Y-o-Y, excluding sales of the transferred image business. Thanks to continuous growth from high-value core businesses of power management in cloud computing & advanced server, cumulative sales for January to October totaled NT$123.7 billion.
Opto-electronics Business contributed a 20% share of total sales, of which, stable demand seen in LITEON’s worldwide No.1 shipment photocouplers, LED vehicle lighting and sensor applications.
Cloud & AIoT Business contributed a 33% share of sales. High-end datacenter server and networking power management systems for cloud computing posted smooth delivery.
Information Technology & Consumer Electronics Business accounted for 47% of sales, of which, ongoing product optimization and the demand in high-end power shipments maintain solid.
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Irene Chou +886-2-8798-2888
Corporate Brand Value Development Center