Lite-On Technology Corp. (TW 2301) reported October consolidated revenue of NT$10.32 billion, up 10% on year. The sales growth was attributable to Lite-On’s ongoing expansion in market share, coupled with stable demand. Cumulative sales from January through October reached NT$103.2 billion, up 32% Y-o-Y.
In October, all of Lite-On’s major business units showed steady growth, and the Camera Module and LED business units posted growth of 97%, and 22% on year respectively. Camera Module has consecutively hit new record monthly highs.