LITEON Technology (2301-tw) today reported its August consolidated revenue of NT$15.6 billion. Thanks to the growth from power management in cloud computing, advanced server, and networking, the revenue is up 13% M-o-M, 30% Y-o-Y. The cumulative sales for January to August totaled NT$106.3 billion, up 22%, Y-o-Y.
Opto-electronics Business contributed a 15% share of total sales, of which, LITEON’s worldwide No.1 shipment photocouplers, infrared applications and Mini LED applied in gaming PC and mobile phone, continued to see stable demand.
Cloud & AIoT Business contributed a 52% share of sales, of which, benefiting from the delivery growth for power management systems of high-end datacenter server and cloud computing, Cloud & AIoT business posted a yearly growth nearly 90%.
Information Technology & Consumer Electronics Business accounted for 33% of sales, of which, with the ongoing optimized product mix and diversified application markets, shipments of advanced power supplies, LEO satellite power systems, and power supplies for game consoles and gaming continued to grow steadily.