LITE-ON Technology (2301-tw) today reported May consolidated revenue of NT$18.49 billion, up 12% M-o-M and 11% Y-o-Y, hitting a record high in 2018. Thanks to stable end demand from core businesses, cumulative sales for January and May totaled NT$83.59 billion.

Optoelectronics business segment contributed a 30% 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, street lighting’s increased shipment to Middle East market, coupled with delivery growth in high-end camera module, Optoelectronics business posted a growth of approximately 30% Y-o-Y.

Information Technologies business accounted for 52% 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 an over 10% yearly growth. Moreover, HIS (Human Input Solutions - PC Keyboards and Peripherals) showed a revenue growth of approximately 30% Y-o-Y driven by its ongoing market share gains.

Meanwhile, the Storage segment accounted for 13% of total revenue, thanks to strong demand from cloud computing application, posted a yearly growth of approximately 20% Y-o-Y.

Contact:

Julia Wang

Senior Director, Investor and Public Relations

Tel: +886-2-8798-2888

LITEONTech.IR@bjfwgs.com