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Lite-On Technology Posts 11% YoY Sales Growth for July
August 8, 2016 | Lite-On TechnologyEstimated reading time: Less than a minute
Lite-On Technology has reported July consolidated revenue of NT$19.37 billion ($615.3 million), up by 1% month-on-month and 11% year-on-year, consecutively hitting a monthly record high for nine months. Stable end-market demands pushed Lite-On’s cumulative sales from January to July to reach NT$122.96 billion, up 2% YoY.
The optoelectronics business segment, which contributed a 23% share of Lite-On’s overall revenue, posted revenue growths of 6% on-month and 5% YoY in July. The IT business segment, which accounted for 47% of the company’s total business, achieved a 2% YoY revenue growth, mainly driven by the high-end server and networking power management systems as well as high-end server enclosure market.
The storage business achieved a sales growth of approximately 60% YoY, fueled by the growth in demand from cloud computing and gaming applications.
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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.