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.

Share

Print


Suggested Items

Catching up With Darrel Yarbrough of YES

05/07/2019 | Dan Beaulieu, D.B. Management Group
Yarbrough Electronic Sales (YES) is one of the fastest growing contract manufacturers in the Southwest. As people get to know them better, they are becoming the go-to company in their area. In this interview, long-time industry veteran Darrel Yarbrough, owner of YES, provides a background about the company, its capabilities, and his outlook for the industry.

How Electronics Manufacturers Can Reduce Their Environmental Impact

04/30/2019 | David Weekes, JJS Manufacturing
With OEMs demanding ever greater value for money from their suppliers, EMS providers can find themselves facing increasing pressure on every front. To remain competitive, there's a growing recognition of the need to continually improve, adapt, and evolve the manufacturing process.

Day One, Nothing but Fun: The Show Warms Up

01/30/2019 | Nolan Johnson, I-Connect007
The first official day of the IPC APEX EXPO 2019 was full of excitement, activity and business getting done. From the exuberant crowd at the ribbon cutting ceremony, to the closing moments of day number one, the show floor was bustling. Spirits were high from both attendees and exhibitors, sending the signal that optimism and business strength are still the industry mood.



Copyright © 2019 I-Connect007. All rights reserved.