Lite-On Technology (2301-tw) today reported January consolidated revenue of NT$16.22 billion, decreasing 6% Y-o-Y and 24% M-o-M, mainly impacted by the Chinese Lunar New Year holiday shutdown.
The Optoelectronics business segment contributed a 27% share of Lite-On’s overall revenue. Thanks to the growing demand from invisible LED, ongoing market share gains in LED components, smooth delivery of LED vehicle lighting, coupled with increased shipment of high-end camera modules, the Optoelectronics' January revenue maintained the same level as during the same period last year.
Information Technologies business segment accounted for 49% of overall sales, of which consecutive growths were shown in cloud computing application products such as high-end server and networking power management systems and high-end server enclosures.
The Storage accounted for 17% of total revenue.
Contact:
Julia Wang Senior Director,
Investor and Public Relations
Tel: +886-2-8798-2888
LiteOnTech.IR@liteon.com