LITE-ON Technology Reports Consolidated November Sales of NT$18.53 Billion

 

(Image: LEDinside)

LITE-ON Technology reported November consolidated revenue of NT$18.53 billion, up 5% M-o-M and decreased 13% Y-o-Y. Cumulative sales for January and November totaled NT$ 196.55 billion supported by stable end-demand from core businesses.

Optoelectronics business segment contributed a 19% share of total sales. Thanks to the growing demand from invisible LED, ongoing market share gains in LED components, smooth delivery of LED vehicle lighting, coupled with street lighting’s increased shipment to Middle East market, overall LED related products posted a growth of approximately 20% Y-o-Y.

Information Technologies business accounted for 58%, of which, Power Supply revenue posted a growth of approximately 20% Y-o-Y driven by ongoing delivery growths of high-end server and networking power management systems for cloud computing as well as power supplies for AI Smart Home devices. Moreover, market share gains in HIS (Human Input Solutions - PC Keyboards and Peripherals), and delivery growth in laser models of Multi-Function Peripherals also supported Information Technologies to achieve a revenue growth of 6% Y-o-Y in November. Meanwhile, the Storage segment accounted for 15% of total revenue.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.
Display devices have been used for many years as a means of HMI (Human Machine Interface) to connect humans and machines interactively, and their usage are still expanding. Automotive interiors are no exception to this trend, with an increasing ... READ MORE
About LiDAR Automotive industry trends In recent years, many vehicles have been launched with ADAS (Advanced Driver Assistance Systems) as standard equipment. As the future evolves towards more automated driving, sensing around the vehicle i... READ MORE