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Lite-On Technology Posts April Sales of NT$17.2B
May 9, 2016 | Lite-On TechnologyEstimated reading time: Less than a minute
Lite-On Technology has reported April consolidated revenue of NT$17.23 billion ($529.37 million), up 0.3% year-on-year but down by 6.3% month-on-month. Cumulative sales from January to April totaled NT$67.04 billion ($2.06 billion).
The Optoelectronics business segment contributed a 23% share of Lite-On’s overall revenue in April. Thanks to increased demands, the LED vehicle lighting segment enjoyed a revenue growth of over 20% YoY while the LED component sector continued market share gains.
The Information Technologies business segment, which accounted for 49% of sales, was driven by strong growth of the clouding computing application products. Meanwhile, the Multi-Function Peripherals business achieved a revenue growth of 10% YoY, thanks to shipment increases from its laser models.
Accounting for 19% of total revenue, the Storage business segment achieved a sales growth of 30% YoY amid increased end-market demands.
Suggested Items
LITEON Technology Strengthens Governance of the Board
08/31/2021 | LITEON TechnologyLITEON Technology held its 2021 annual general meeting, during which the shareholders passed the distribution of a NT$3.4 cash dividend per common share, a record DPS, in line with the company’s high and stable dividend policy.
Lite-On Technology Reports June Sales of $642M
07/20/2018 | Lite-On TechnologyLite-On Technology sustains its record revenue growth in 2018 with a June consolidated revenue of NT$19.64 billion ($641.9 million), up by 6% month-on-month and by 1% year-on-year.
Lite-On Technology Reports 11% YoY Revenue Growth in May
06/08/2018 | Lite-On TechnologyLite-On Technology has reported May consolidated revenues of NT$18.49 billion, up 12% month-on-month and 11% year-on-year, hitting a record high in 2018.
Lite-On Tech to Showcase Automotive Electronics at CES 2018
12/26/2017 | DigitimesEMS provider Lite-On Technology will showcase in-house-developed automotive electronic devices at the upcoming CES 2018 event in Las Vegas.
Lite-On Technology November Sales Down 13% YoY
12/15/2017 | Lite-On TechnologyLite-On Technology has reported November consolidated revenue of NT$18.53 billion ($616.96 million), up by 5% month-on-month and down by 13% year-on-year.