Lite-On Technology Expects New Businesses to Profit in 2016


Reading time ( words)

Taiwan-based EMS provider Lite-On Technology has started operating in around six to seven new business fields and expects four—automotive electronics, LED street lamps, industrial automation and biotechnology/medical care—to begin to profit in 2016, company chairman Raymond Soong said during the company's 2015 shareholders' meeting, as reported by Digitimes.

Lite-On has become the largest Taiwan-based maker of automotive electronics in terms of revenues. For LED street lamps, the company has attained a market share of 40% in Taiwan and 40% in the United States. In particular, Lite-On has recorded LED street lamp market share of 100% in Los Angeles and San Francisco.

Share

Print


Suggested Items

IPC’s Shawn Dubravac: COVID-19 Outbreak Accelerates Industry Shifts Already Under Way

05/21/2020 | Barry Matties, I-Connect007
On May 19, Barry Matties spoke with Shawn Dubravac, chief economist for IPC. While discussing other topics, Matties asked for Dubravac’s perspective on shifts in the market, who observed that the recessionary trend might be behind us; the markets are already showing recovery. Still, it could take a year or so to fully recover.

This Month in SMT007 Magazine: Indium Metal Forecast—Supply Chain Strong, Demand Continues to Grow

05/05/2020 | Donna Vareha-Walsh, Indium
Indium is a critical metal for the indium-tin oxide (ITO) market and other coating applications. Donna Vareha Walsh—director of sales and global supply chain and trade compliance at Indium Corporation—describes the plentiful global supply of indium and its recycling loop, examines indium’s history of price volatility and the market reactions from the recent Fanya Metal Exchange auction, and provides an overview of indium supply and demand drivers, as well as the impact of recycling efforts.

André Bodegom on European Challenges, Automation, and Automotive

12/02/2019 | Pete Starkey, I-Connect007
Editor Pete Starkey speaks with André Bodegom, managing director for Adeon Technologies in the Netherlands, about changes he has seen over the years in major industry sectors, challenges in the European market, and other areas of growth.



Copyright © 2020 I-Connect007. All rights reserved.