LITE-ON Technology (2301-tw) today reported its October consolidated revenue of NT$14.65 billion, declined 11% M-o-M and 17% Y-o-Y, due to the impact of the national holiday shutdown in China. Thanks to stable end demand from core businesses, cumulative sales for January and October totaled NT$148.44 billion.

Opto-electronics business segment contributed a 17% share of total sales, of which, invisible LED components and LED outdoor lighting posted consecutive monthly growths.

Information Technologies business accounted for 70% of sales, of which, high-end server and networking power management systems for cloud computing, power supplies for AI smart home devices, HIS (human input solutions - PC keyboards and peripherals), and laser models of multi-function peripherals shipments presented yearly growths.

Meanwhile, the Storage segment accounted for 7% of total revenue.

Contact:

Julia Wang

Senior Director, Investor and Public Relations

Tel: +886-2-8798-2888

LITEONTech.IR@bjfwgs.com