LITEON Technology Reports Consolidated February Sales of NT$10.8 Billion

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Press Releases

2023/03/07

LITEON Technology Reports Consolidated February Sales of NT$10.8 Billion

LITEON Technology (2301-tw) today reported its February consolidated revenue of NT$10.8 billion, up 1% M-o-M and down 2% Y-o-Y, excluding sales of the transferred image business. Thanks to continuous growth from high-value core businesses such as power management in cloud computing, automotive electronics, and 5G network equipment, cumulative sales for January and February totaled NT$21.5 billion

Opto-electronics Business contributed a 23% share of total sales, of which, stable demand seen in LITEON’s worldwide No.1 shipment photocouplers used in industrial automation and green energy advanced applications; electronic vehicle chargers, LED vehicle lighting and ADAS camera modules posted delivery growth.

Cloud & AIoT business contributed a 37% share of sales. Thanks to the delivery growth from high-end datacenter server and networking power management systems for cloud computing, as well as 5G network equipment, Cloud & AIoT posted a yearly growth of around 20%.

Information Technology & Consumer Electronics Business accounted for 40% of sales, of which, ongoing product optimization and high-end power adapters shipments posted smooth delivery.

Press Contact

Irene Chou +886-2-8798-2888

Corporate Brand Value Development Center

LITEONtech.PR@liteon.com