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Lite-On Tech March Revenues Up 35%
April 11, 2019 | Lite-On TechnologyEstimated reading time: Less than a minute
Lite-On Technology has reported consolidated revenues of NT$14.71 billion ($476.6 million) for March, up by 35% month-on-month but down by 10% year-on-year. Thanks to stable demand from core businesses, cumulative sales for January to March totaled NT$41.19 billion ($1.33 billion).
Lite-On’s opto-electronics business segment contributed a 16% share of total sales, of which, vehicle LED lighting posted a consecutive yearly growth.
The IT business segment, which accounted for 67% of sales, achieved a 6% YoY growth, mainly driven by shipment of high-end server and networking power management systems for cloud computing, server enclosures and power supplies for AI smart home devices. Meanwhile, the storage segment accounted for 12% of total revenue.
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03/28/2024 | NCABArjan Sinoo, currently Managing Director of NCAB Group Benelux, has been promoted to the position of VP Global Sales and member of the Group Management of NCAB when he takes over the position from Howard Goff, who has recently been appointed VP and president North America.
SCHWEIZER Announces Preliminary Group Figures for 2023 Financial Year
03/27/2024 | Schweizer Electronic AGThe preliminary and unaudited results of the SCHWEIZER Group confirm the major and successfully completed turnaround in 2023. Sales rose to a record of EUR 139.4 million, exceeding expectations with an increase of 6.4 percent.
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It’s Only Common Sense: Meet the New Young Guns in Sales
03/25/2024 | Dan Beaulieu -- Column: It's Only Common SenseI have been working quite a bit lately with younger people. These salespeople are literally two generations removed from my own demographic (and most of our industry’s demographic). Most of them are 30 years old or younger. I’d dare to call them “hotshots” because they are hungry, ambitious, and passionate, and they want to succeed.