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Lite-On Technology November Sales Down on Lukewarm ICT Demand
December 15, 2015 | Lite-On TechnologyEstimated reading time: Less than a minute
Lite-On Technology has reported November consolidated revenue of NT$18.82 billion ($574.46 million), down by 5% from the previous month and a decline of 6% from last year. Cumulative sales for January to November totaled NT$197.76 billion, lower than the same period last year due to the global lukewarm ICT demand this year.
The Optoelectronics business segment contributed 24% share of Lite-On's overall revenue. Thanks to the increased demand, the LED vehicle Lighting segment posted a revenue growth of over 30% YoY in November.
Lite-On's Information Technologies business segment posted a revenue growth 3% YoY, of which Power systems’ November revenue grew approximately 10% YoY, driven by increases in global demand for server and networking power management systems in cloud computing and mobile devices.
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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.