Lite-On Technology Reports Nearly Flat 2018 Revenue


Reading time ( words)

Lite-On Technology has reported consolidated sales of NT$50.5 billion ($1.637 billion) for the fourth quarter of 2018, with gross margin and operating margin of 13.4% and 3.7%, respectively. Net profits were NT$2.5 billion, up by 10% year-on-year, with EPS of NT$1.08, attributable to yearly growth of cloud computing, consumer electronics, coupled with stable demand from vehicle LED lighting.

Lite-On posted 2018 consolidated revenue of NT$207.1 billion, up 1% year-on-year, excluding the transferred mobile camera module business revenue, thanks to the growth from cloud computing and LED/outdoor lighting as well as product-mix improvement. The gross margin and operating margin were 13.1% and 3.6%, and net profits were NT$7.96 billion, with EPS of NT$3.42, up 203% year-on-year.

Opto-electronics accounted for 21% share of total sales, as a result of the increased demand of invisible LED, ongoing market share gains in LED components and smooth delivery of vehicle lighting presented in 2018.

The IT business accounted for 58% of total revenue, of which, ongoing delivery growth of high-end server and networking power management systems and server enclosures for cloud computing, coupled with ongoing market share gains in HIS (Human Input Solutions - PC Keyboards and Peripherals) supported the business to deliver the yearly growth. Meanwhile, the storage segment accounted for 16% of total revenue.

Looking ahead, the company's stable core-business development is expected in the first quarter of 2019, supported by cloud computing, invisible LED/ vehicle lighting and AI smart home devices.

Share

Print


Suggested Items

Nolan’s Notes: Driving Cost Out of the Supply Chain

04/28/2021 | Nolan Johnson, I-Connect007
Supply chain issues have become mainstream news as virtually all supply chains were affected in some manner by the pandemic lockdowns. The interactions of supply, demand, and distribution became a topic of scrutiny even for my 80-something parents; we all became experts at understanding supply chain when we had to explain exactly why toilet paper was peculiarly absent from store shelves, while there was plenty of liquor still available. The vagaries of the distribution chain for all sorts of daily necessities suddenly became our concern; we no longer could take the supply chain for granted.

Hans-Peter Tranitz: Dieter Bergman IPC Fellowship Award Recipient

04/22/2021 | Patty Goldman, I-Connect007
In this wide-ranging interview, Patty Goldman speaks with Continental Automotive’s Peter Tranitz about his IPC involvement with press-fit and other automotive standards which have earned him the coveted Dieter Bergman IPC Fellowship Award.

A New Captive PCB Facility in the U.S.

04/19/2021 | I-Connect007 Editorial Team
Diane Maceri and Jessi Hall discuss how Schweitzer Engineering Laboratories (SEL) has been working with Alex Stepinski of GreenSource Fabrication to build their own captive PCB facility in Moscow, Idaho; the thought process behind that decision; and their involvement in the Managers Forum at IPC APEX EXPO 2021.



Copyright © 2021 I-Connect007. All rights reserved.