LITE-ON Technology Reports December 2023 Sales

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LITE-ON Technology announced consolidated revenue of NT$12.3 billion for December 2023.

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Unedited press release follows:

LITEON Technology Reports Consolidated December Sales of NT$12.3 Billion

LITEON Technology (2301-tw) today reported its December consolidated revenue of NT$ 12.3 billion, M-o-M staying flat, down 2% Y-o-Y, excluding sales of the transferred image business. Thanks to continuous growth from high-value core businesses of power management in cloud computing & advanced server, cumulative sales for the entire year of 2023 totaled NT$148.3 billion.

Opto-electronics Business contributed a 19% share of total sales, of which, stable demand seen in LITEON’s worldwide No.1 shipment photocouplers, LED vehicle lighting and sensor applications.

Cloud & AIoT Business contributed a 37% share of sales. Thanks to the smooth delivery of high-end datacenter server power management systems for cloud computing, Cloud & AIoT posted a yearly growth near 10%.

Information Technology & Consumer Electronics Business accounted for 44% of sales, of which, ongoing product optimization and shipments in high-end power as well as in keyboards and intelligent peripherals remain steady.