LITE-ON Technology Reports July 2023 Sales

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LITE-ON Technology announced consolidated revenue of NT$12.6 billion for July 2023.

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Unedited press release follows:

LITEON Technology Reports Consolidated July Sales of NT$12.6 Billion

2023/08/08 – LITEON Technology (2301-tw) today reported its July consolidated revenue of NT$ 12.6 billion, down 3% M-o-M and down 10% 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 January to July totaled NT$84 billion.

Opto-electronics Business contributed a 21% share of total sales, of which, continuous growth seen in LITEON’s worldwide No.1 shipment photocouplers used in industrial automation and green energy advanced applications; stable demands seen in electronic vehicle chargers, LED vehicle lighting and ADAS camera modules.

Cloud & AIoT business contributed a 34% share of sales. The shipment of high-end datacenter server and networking power management systems for cloud computing posted a delivery growth.

Information Technology & Consumer Electronics Business accounted for 45% of sales, of which, ongoing product optimization and high-end power supply shipments posted smooth delivery.