Taiwan LiteOn Receives New High Sales in Sept. Revenues

Taiwan LiteOn Technology Corporation has hit a two-year monthly high in September revenues, benefiting from its cloud computing server power- management and LED products.

The company’s PC peripherals has enjoyed new highs in sales as the coming launch of Win 8 from Microsoft, sales of related products for notebook and tablets as keyboard and mouse will boom.

The company’s global combined revenues in September reached US$ 360.66 million, rising 4% month on month (MoM), up 6% YoY, hitting a two-year monthly high, with first-nine-month global combined revenues of US$ 2.98 billion.

The company’s combined revenues totaled US$ 1.043 billion in Q3, up 2% quarter on quarter (QoQ).

Driven by steadily growing demand for cloud computing application products including high-end servers, networking communication equipments, and mobile devices, revenues from the company’s four major businesses of imaging, power supply, enclosure, and LED rose slightly MoM.

Revenues of LED lighting components in September soared 900% YoY, due mainly to brand customers’ increasing demand since Q2 2012, also driving up overall revenues of the company’s optoelectronic solution business by 15% YoY.

The company’s revenues from power and connected devices & system solutions in September increased 6% and 7% MoM, respectively.

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