LITEON Technology (2301-tw) today reported its November consolidated revenue of NT$12.5 billion, up 1% M-o-M and 1% Y-o-Y. Thanks to the growth from power management in cloud computing and advanced server and networking applications, cumulative sales for January to October totaled NT$ 123.7 billion.
Opto-electronics Business contributed a 18% share of total sales, of which, stable demand seen in LITEON’s worldwide No.1 shipment photocouplers and infrared applications.
Cloud & AIoT Business contributed a 41% share of sales, of which, thanks to the deliver growth for 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 41% of sales, of which, with the ongoing product optimization, shipments of advanced power supply, keyboards and intelligent peripherals remain steady.
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