Lite-On Tech March Revenues Up 35%

Reading time ( words)

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.



Suggested Items

What Electronics Companies Need to Know About Environmental Product Requirements

06/12/2019 | Kelly Scanlon, IPC Director of Environment, Health and Safety Policy and Research
The task of monitoring and complying with environmental, health and safety (EHS) rules that affect electronics companies and their products requires a watchful eye on all levels of government: local, state, national, and international.

Smart Factory Transitions Are Attainable—With a Plan

06/04/2019 | Nolan Johnson, I-Connect007
In a white paper, Zac Elliott, technical marketing engineer at Mentor, a Siemens company, outlines a structured organization for smart factory implementation. While there can be one set of challenges to overcome when building a smart factory on a greenfield site, firms restricted to pre-existing facilities face a different set of hurdles. In this interview, Elliott discusses how things have proceeded since the paper was published, and talks about strategies for smaller firms and brownfield companies.

Whizz Systems on Knowing Your Strengths and Building Customer Relationships

05/24/2019 | Nolan Johnson, I-Connect007
Located in the heart of the Silicon Valley, Whizz Systems Inc. provides electronics product design, development and manufacturing services. Muhammed Irfan, president of the company, speaks with Nolan Johnson about knowing your strengths, engaging start-ups, and building strong customer relationships through education and preparation.

Copyright © 2019 I-Connect007. All rights reserved.