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LITEON Technology reported its July consolidated revenue of NT$14.8 billion (US$497 million), up 1.07% M-o-M and 8% Y-o-Y, hitting a record high of the same period in 3 years, as a result of ongoing demand from data center in cloud computing and automotive electronics. Thanks to continuous optimization of product mix and the stable demand from its core business, cumulative sales for January to July totaled NT$ 99 billion, up 7% Y-o-Y.
Opto-electronics business contributed a 20% share of total sales, of which, stable demand from LITEON's worldwide No.1 shipment photocouplers used in industrial automation, high-end power supply and green energy advanced applications; coupled with delivery growth of the electronic vehicle chargers and LED vehicle lighting, Opto-electronics business posted a yearly growth of 6%.
Cloud & AIoT business contributed a 34% share of sales, a record high in 2022, which already accounted for over 30% of total revenue for seven consecutive months. Thanks to the delivery growth from high-end datacenter server and networking power management systems for cloud computing, as well as power supplies for AI smart home devices, Cloud & AIoT posted a yearly growth around 30%.
Information Technology & Consumer Electronics business accounted for 46% of sales, of which, market demand from the high-end Notebook PC power adapters, gaming power supplies, as well as laser models of multi-function peripherals supported a consecutive yearly growth.
Nolan Johnson, I-Connect007
The message can’t be emphasized enough: Producing IC substrates overseas weakens America’s position and national security. In this frank discussion with Will Marsh, president of PCBAA, he talks about his efforts to educate government policymakers on the dire need to consider the entire microelectronics ecosystem. There’s power in numbers, Will says, and he sees the association’s efforts making a difference.
Art Wall, NextFlex
The recent approval of the CHIPS Act has reignited the U.S. semiconductor industry and shone a spotlight on the intricacies involved in chip manufacturing. As new technological innovations—such as 5G, IoT, AI, automotive and high-performance computing—come to market, they’re pushing chip manufacturing and integration capabilities. They demand more performance which leads to added complexity in an already extremely complicated process. All this requires a fundamental shift in the way that semiconductors are manufactured and integrated.
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.