Lite-On Technology (2301-tw) today reported May consolidated revenue of NT$16.7 billion, declined 0.7% M-o-M and 4% Y-o-Y. Thanks to stable end-demand from core businesses, cumulative sales for January and May totaled NT$84.87 billion, up 0.5% 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 revenue of overall LED/Lighting posted consecutive growths in May.
Information Technologies business accounted for 56% of sales of which, cloud computing application revenue posted ongoing growth resulting from increased delivery of server and networking related products. Moreover, market share gains in HIS (Human Input Solutions - PC Keyboards and Peripherals), and delivery growth in laser models of Multi-Function Peripherals also supported Information Technologies to achieve a revenue growth of 10% Y-o-Y in May. Meanwhile, the Storage segment accounted for 12% of total revenue.
Contact:
Julia Wang
Senior Director,
Investor and Public Relations
Tel: +886-2-8798-2888
LiteOnTech.IR@liteon.com