LITE-ON Technology (2301-tw) today reported March consolidated revenue of NT$18.98 billion, up 46% M-o-M, and decreased 1% Y-o-Y. Thanks to stable end demand from core businesses, cumulative sales for January and March totaled NT$48.53 billion.

Optoelectronics business segment contributed a 26% 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 over 10% Y-o-Y.

Information Technologies business accounted for 49% of sales, of which, ongoing delivery growth of high-end server and networking power management systems for cloud computing as well as power supplies for AI Smart Home devices, supported Power Systems to achieve a yearly growth of over 10% in March.

Meanwhile, the Storage segment accounted for 19% of total revenue, posted a yearly growth of 20% approximately.

Contact:

Julia Wang

Senior Director, Investor and Public Relations

Tel: +886-2-8798-2888

LITEONTech.IR@bjfwgs.com