LITE-ON Technology Reports July 2024 Sales

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LITE-ON Technology announced consolidated revenue of NT$12.9 billion for July 2024.

For more information visit: www.liteon.com

Unedited press release follows:

LITEON Technology Reports Consolidated July Sales of NT$12.9 Billion, Up 10 % M-o-M, 2% Y-o-Y

2024/08/08 – LITEON Technology (2301-tw) today reported its July consolidated revenue of NT$12.9 billion, up 10% M-o-M, 2% Y-o-Y. Thanks to the growth from opto-semiconductor and power management in cloud computing & advanced server, cumulative sales for January to July totaled NT$74.9 billion.

Opto-electronics Business contributed a 19 % share of total sales, of which, thanks to the delivery growth in LITEON’s worldwide No.1 shipment photocouplers and infrared applications, opto-electronic semiconductor applications posted monthly increase.

Cloud & AIoT Business contributed a 34% share of sales, of which, the shipments of networking applications, power management systems of high-end datacenter server and cloud computing continue to grow year over year.

Information Technology & Consumer Electronics Business accounted for 47% of sales, of which, ongoing product optimization as well as smooth delivery seen in advanced power supply, keyboards and intelligent peripherals, Information Technology & Consumer Electronics Business posted yearly growth around 10%.