LITE-ON Technology (2301-tw) today reported its November consolidated revenue of NT$15.01 billion, up 3% M-o-M and decreased 10% Y-o-Y. Thanks to stable end demand from core businesses, cumulative sales for January and November totaled NT$163.46 billion.
Opto-electronics business segment contributed a 17% share of total sales. Thanks to delivery growth of LED components, Opto-electronics posted a consecutive yearly growth.
Information Technologies business accounted for 70% of sales, presenting a monthly growth, which is attributable to the shipment growths of high-end server and networking power management systems for cloud computing, and power supplies for AI smart home devices, coupled with ongoing market share gains in HIS (human input solutions - PC keyboards and peripherals).
Meanwhile, the Storage segment accounted for 8% of total revenue posting a monthly growth.
Contact:
Julia Wang
Senior Director, Investor and Public Relations
Tel: +886-2-8798-2888
LITEONTech.IR@bjfwgs.com