LITEON Technology Reports Consolidated August Sales of NT$15.4 Billion


Reading time ( words)

LITEON Technology reported its August consolidated revenue of NT$15.4 billion, up 4% M-o-M and 14% Y-o-Y, hitting a record high of the same period in 3 years, as a result of ongoing demand from data center in cloud computing and automotive electronics. Thanks to continuous optimization of product mix and the stable demand from its core business, cumulative sales for January to August totaled NT$ 114 billion, up 8% Y-o-Y.

Opto-electronics business contributed a 19% 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 5%. 

Cloud & AIoT business contributed a 34% share of sales, a record high in 2022. 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 over 20%.

Information Technology & Consumer Electronics business accounted for 47% of sales, thanks to the solid growth of high-end power adapters shipments and the sequentially optimized product portfolio in the peripherals, all supported a yearly growth over 10%.

Share




Suggested Items

Real Time with … IPC APEX EXPO 2023: Mycronic Extends Reach

01/11/2023 | Nolan Johnson, I-Connect007
Clemens Jargon, senior vice president of High Flex at Mycronic, shares his thoughts about the company’s performance in 2022 (it was a strong year), plans for the new year (turnkey solutions), and what visitors to the Mycronic booth at the show can expect to see in the company’s state-of-the-art Iris™ 3D AOI vision technology.

New Growth Opportunities Worldwide for BTU

10/26/2022 | Nolan Johnson, I-Connect007
It’s not just automotive and medical devices for which capital equipment manufacturers like BTU International are finding a market. It’s also not just domestic. Bob Bouchard says his company has seen an uptick in sales after the pandemic into more “purpose-built” equipment with sophisticated requirements and very tight process control. It’s meant an increase in sales staff as well. It’s encouraging news ahead of BTU International’s exhibit at SMTA International next week.

SMTA Dallas Expo: A Novel Approach to Outsourcing Sales

04/27/2022 | Andy Shaughnessy, Design007 Magazine
Caleb Townsend is the co-founder of Factur, a new kind of recruiting agency that specializes in filling marketing and sales positions. I met with Caleb at SMTA Dallas and asked him to discuss the creative ways he’s helping contract manufacturers to practice Lean principles in their sales department. As Caleb says, his company helps sales departments embrace methods similar to those used on the shop floor, which sometimes means updating their filing system from a “shoebox full of business cards.”



Copyright © 2023 I-Connect007 | IPC Publishing Group Inc. All rights reserved.