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Lite-On Technology Reports June Sales of $642M
July 20, 2018 | Lite-On TechnologyEstimated reading time: Less than a minute
Lite-On Technology sustains its record revenue growth in 2018 with a June consolidated revenue of NT$19.64 billion ($641.9 million), up by 6% month-on-month and by 1% year-on-year.
Amid stable demand from core businesses, second quarter revenue reached NT$54.7 billion ($1.788 billion), up by 13% from the previous quarter and by 3% from the second quarter of last year. Cumulative sales for January and June totaled NT$103.2 billion ($3.37 billion).
Lite-On's optoelectronics business segment posted a growth of approximately 20% YoY, thanks to growing demand from invisible LED, ongoing market share gains in LED components, LED vehicle lighting, and shipment growth in high-end camera modules. The IT business sales went up by 10% MoM in June, while its storage segment grew by over 10% on month.
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LITEON Technology Strengthens Governance of the Board
08/31/2021 | LITEON TechnologyLITEON Technology held its 2021 annual general meeting, during which the shareholders passed the distribution of a NT$3.4 cash dividend per common share, a record DPS, in line with the company’s high and stable dividend policy.
Lite-On Technology Reports 11% YoY Revenue Growth in May
06/08/2018 | Lite-On TechnologyLite-On Technology has reported May consolidated revenues of NT$18.49 billion, up 12% month-on-month and 11% year-on-year, hitting a record high in 2018.
Lite-On Tech to Showcase Automotive Electronics at CES 2018
12/26/2017 | DigitimesEMS provider Lite-On Technology will showcase in-house-developed automotive electronic devices at the upcoming CES 2018 event in Las Vegas.
Lite-On Technology November Sales Down 13% YoY
12/15/2017 | Lite-On TechnologyLite-On Technology has reported November consolidated revenue of NT$18.53 billion ($616.96 million), up by 5% month-on-month and down by 13% year-on-year.
Lite-On Technology Reports 6% Growth in 2016 Sales
01/09/2017 | Lite-On TechnologyLite-On Technology has reported December consolidated revenue of NT$21.39 billion ($667 million), up by 12% year-on-year, and marking a second monthly record high in 2016.