Lite-On Technology revenues down on month, up on year

Siu Han, Taipei; Adam Hwang, DIGITIMES Asia 0


EMS provider Lite-On Technology has reported consolidated revenues of NT$11.590 billion (US$417 million) for February, decreasing 20.04% on month but increasing 11.42% on year.

Of the consolidated revenues, 47% came from IT product lines and consumer electronics (including power supplies used in notebooks, tablets, PCs and mobile devices as well as PC peripherals and multi-function peripherals), 23% from optoelectronics product lines (including automotive compact camera modules, LED devices and LED lighting products), and 30% from devices used in cloud computing, data centers, servers, networking/communication equipment, smart wearable devices, IoT and AI applications, Lite-On indicated.

Lite-On posted consolidated revenues of NT$26.085 billion for January-February, growing 6.56% on year.

Fellow maker Qisda has also reported consolidated revenues of NT$17.870 billion for February, slipping 13.03% on month but growing 22.40% on year, and those of NT$38.416 billion for January-February, increasing 19.51% on year.