Lite-On Tech Expects Steady Growth in Power Supply Shipments for Smart Speakers


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EMS provider Lite-On Technology expects power supply shipments for smart speakers to grow 5-10% on year over the next few years, Digitimes reports. Lite-On began shipping power supplies for Amazon Echo in 2018 and will also begin shipments for Google Home in third-quarter 2019.

It has reported first-quarter 2019 consolidated revenues of NT$41.173 billion ($1.33 billion), with 64.72% coming from IT product lines including power supplies used in servers, PCs and mobile devices as well as PC peripherals and MFPs (multi-function peripherals); 15.92% from optoelectronics product lines including automotive CCMs (compact camera modules), LED devices and lighting products; 14.04% from SSDs and optical disc drives (ODDs); and 5.32% from structural components of hand-held devices and other product lines, according to Digitimes.

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