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LITEON Technology (2301-tw) reported its August consolidated revenue of NT$13.54 billion, up 2% Y-o-Y and down 1% M-o-M, excluding transferred Silitech, which would not be consolidated into LITEON’s financial report starting from 2021. Thanks to the stable demand from its core business, cumulative sales for January to August totaled NT$105.65 billion, up 11% Y-o-Y.
Opto-electronics business contributed a 21% share of total sales, of which, the ongoing demand growth from LED components driven by invisible LEDs used in industrial automation, 5G and AIoT applications, UV LED applied to medical, disinfection, water and air purification, smoothly delivery of high-end Mini LED, supported Opto-electronics a growth of 7% Y-o-Y in August.
Cloud & AIoT business contributed a 28% share of total sales. Thanks to delivery growth from high-end datacenter server and networking power management systems for cloud computing, Cloud & AIoT posted a growth of 4% Y-o-Y.
Information Technology & Consumer Electronics business accounted for 51% of total revenue, of which, the demand growth from Notebook PC power adapters, keyboards, mice and peripherals supported a consecutive yearly growth.
Dr. Ronald C. Lasky, Indium Corp.
It may be difficult to see any bright spots in the current and recent economic situation. We have all experienced the devastation of the pandemic, supply chain issues, and most recently, inflation. However, as a senior technologist for an international materials supplier (Indium Corporation) and a professor of engineering at an Ivy League research university (Dartmouth College), I offer these four silver linings for those of us in the electronics industry.
Chris Peters, USPAE
Events of the past two years have clearly demonstrated the value of strong trading relationships. When materials become constrained, as in the recent microchip shortage or any of the pandemic-driven supply chain snafus, the companies that have those materials have a choice to make. Which customers will be put at the front of the line, and which will be placed at the rear? Too often, company executives assume that since they are a large buyer, they automatically will be prioritized when supplies are constrained. Research has shown that this is not always the case, and that assumption can leave a company in a weakened position.
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