LITEON Technology (2301-tw) today reported its October consolidated revenue of NT$12.4 billion, up 5% M-o-M and 1% Y-o-Y. Thanks to the growth from opto-semiconductor and power management in cloud computing, advanced server and networking applications, cumulative sales for January to October totaled NT$ 111.2 billion.
Opto-electronics Business contributed a 20% share of total sales, of which, thanks to the delivery growth in LITEON’s worldwide No.1 shipment photocouplers and infrared applications, opto-electronic semiconductor applications posted continuous yearly increase.
Cloud & AIoT Business contributed a 40% share of sales, of which, thanks to the growing demand for networking applications, power management systems of high-end datacenter server and cloud computing, Cloud & AIoT business posted a yearly growth over 20%.
Information Technology & Consumer Electronics Business accounted for 40% of sales, of which, with the ongoing product optimization, shipments of advanced power supply, keyboards and intelligent peripherals remain steady.
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