LITE-ON Technology Reports January 2024 Sales

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LITE-ON Technology announced consolidated revenue of NT$9.9 billion for January 2024.

For more information visit: www.liteon.com

Unedited press release follows:

LITEON Technology Reports Consolidated January Sales of NT$9.9 Billion

LITEON Technology (2301-tw) today reported its January consolidated revenue of NT$9.9 billion, down 7% Y-o-Y and 20% M-o-M, of which, opto-semiconductor and power management in cloud computing posted yearly growth.

Opto-electronics Business contributed a 23% share of total sales, of which, stable demand seen in LITEON’s worldwide No.1 shipment photocouplers, infrared applications and LED vehicle lighting.

Cloud & AIoT business contributed a 34% share of sales, of which, high-end datacenter server power management systems for cloud computing posted an over 20% yearly growth.

Information Technology & Consumer Electronics Business accounted for 43% of sales. Thanks to ongoing product optimization, high-end power supplies as well as keyboards, the intelligent peripherals all posted yearly growth.