LITE-ON Technology Reports February 2024 Sales

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LITE-ON Technology announced consolidated revenue of NT$8.1 billion for February 2024.

For more information visit: www.liteon.com

Unedited press release follows:

LITEON Technology Reports Consolidated February Sales of NT$8.1 Billion

2024/03/08 – LITEON Technology (2301-tw) today reported its February consolidated revenue of NT$8.1 billion, down 18% M-o-M, due to fewer working days during lunar new year holiday. Cumulative sales for January to February totaled NT$18 billion.

Opto-electronics Business contributed a 25% 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 35% share of sales, of which, high-end datacenter server power management systems for cloud computing posted smooth delivery.

Information Technology & Consumer Electronics Business accounted for 40% of sales, of which, ongoing product optimization as well as smooth delivery seen in high-end keyboards intelligent peripherals.