LITEON Technology January Sales Up 39% YoY

Reading time ( words)

LITEON Technology has reported January consolidated revenue of NT$ 14.08 billion ($502.86 million at $1:NT$28.00), up by 6% month-on-month and by 39% year-on-year. The company attributes this to the stable demand from its core business.

In particular, the Opto-electronics business segment, which accounts for 20% of total sales, registered a 20% YoY growth, driven by the continually rising demand for LED components used in industrial automation, 5G and AIoT applications; UV LEDs applied to medical, disinfection, water and air purification applications; and in LED vehicle lighting.

The Information Technology & Intelligent Peripherals business, which accounts for 55% of LITEON’s total sales, grew by over 20% for the period, mainly attributed to the continued strong demand from notebook PC adapters, ongoing market share gains in IT keyboards and mice, as well as smooth delivery of laser models of multi-function peripherals. 

Finally, the Cloud & AIoT business segment, which contributes 25% share of the company’s total sales, posted a 30% YoY growth amid rising demand for high-end server and networking power management systems for cloud computing, power supplies for AI smart home devices, and high-end sever enclosures.



Suggested Items

Real Time with… IPC APEX EXPO 2021: Developments in Digital Manufacturing

03/08/2021 | Real Time with...IPC
Michael Ford and Pete Starkey discuss the industry trend towards digital manufacturing, the latest in 3D CAD technology, ontological data and the benefits of the new IPC standard for digital twins.

electronica Virtual 2020: Automotive Conference Keynotes

11/16/2020 | Pete Starkey, I-Connect007
While not the same as battling with the traffic to catch the early flight to Munich, followed by an S-Bahn into the city and a crowded U-Bahn to the Messe, electronica 2020 went virtual. Pete Starkey details the Automotive Conference—an event he was particularly keen to attend.

Real Time with… SMTAI 2020: Technical Conference Review

10/06/2020 | Real Time with...SMTAI
SMTAI 2020, which was converted to a virtual event, took place from September 28–30. I attend every year, but since there was no keynote in the virtual format, I went straight to the technical conference. This event covered a broad range of topics related to everything in assembly. Over 90 technical presentations are available, but this report covers just some of the sessions I attended.

Copyright © 2021 I-Connect007. All rights reserved.