LITE-ON Technology (2301-tw) today reported its September consolidated revenue of NT$16.43 billion, up 0.5% M-o-M and down 14% Y-o-Y, excluding the divested mobiles mechanics business unit, continuing hitting a monthly sales record high in 2019. Thanks to stable end demand from core businesses, cumulative sales for January and September totaled NT$133.8 billion.
Opto-electronics business segment contributed a 15% share of total sales, of which, LED components and vehicle LED lighting posted consecutive monthly growths.
Information Technologies business accounted for 68% of sales, of which, shipment growth of power supplies for AI smart home devices and consumer electronics including gaming products, coupled with the smooth delivery in laser models of multi-function peripherals drove a monthly growth in Information Technologies. Meanwhile, the Storage segment accounted for 12% of total revenue.
Contact:
Julia Wang
Senior Director, Investor and Public Relations
Tel: +886-2-8798-2888
LITEONTech.IR@bjfwgs.com