Lite-On Sees Rise in March Revenue Performance

Lite-On Technology announced its March 2014 consolidated revenues. Rising demand for LED lighting boosted the company’s revenue for LED components and lighting products, which saw a growth of around 20 percent from February.

March consolidated revenue reached NT $18.28 billion (US $608.5 million), up 19 percent MoM and 11 percent YoY. All of the company’s strategic business groups showed steady consecutive growth, resulting from increased end-market demand. Sales revenue for 1Q14 was NT $51.39 billion, growth of 11 percent YoY.

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