LITE-ON Technology (2301-tw) today reported July consolidated revenue of NT$17.52 billion, declined 10% M-o-M and Y-o-Y. Thanks to stable end-demand from core businesses, cumulative sales for January and July totaled NT$ 121.92 billion, slightly decreased 1% Y/Y.
Optoelectronics business segment contributed a 26% share of total sales. Thanks to the growing demand from invisible LED, ongoing market share gains in LED components, and smooth delivery of LED vehicle lighting, the Optoelectronics’ July revenue posted a consecutive growth Y-o-Y.
Information Technologies business accounted for 55% of total sales of which, ongoing delivery growths of high-end server and networking power management systems for cloud computing and power supplies for AI Smart Home devices supported Information Technologies to achieve a revenue growth of approximately 10% Y-o-Y in July. Meanwhile, the Storage segment accounted for 13% of total revenue.
Contact:
Julia Wang
Senior Director,
Investor and Public Relations
Tel: +886-2-8798-2888
LiteOnTech.IR@liteon.com