Lite-On Technology (2301-tw) today reported January consolidated revenue of NT$17.34 billion, a decrease of 9% both M-o-M & Y-o-Y due to the global lukewarm ICT demands.
The Optoelectronics business segment contributed a 25% share of Lite-On’s overall revenue. Thanks to the increased demands, LED vehicle Lighting enjoyed a revenue growth of 30% Y-o-Y while LED components presented a growth of approximately 10% M-o-M driven by ongoing market share gains.
Information Technologies business segment accounted for 48% of overall sales, of which consecutive growths were shown in clouding 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 with a revenue growth of 3% M-o-M.
Contact:
Julia Wang
Senior Director,
Investor and Public Relations
Tel: +886-2-8798-2888
LiteOnTech.IR@liteon.com