LITE-ON Technology announced consolidated revenue of NT$14.8 billion for November 2022.
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Unedited press release follows:
LITEON Technology Reports Consolidated November Sales of NT$14.8 Billion
2022/12/05 — LITEON Technology (2301-tw) today reported its November consolidated revenue of NT$14.8 billion, with constant M-o-M and Y-o-Y. Thanks to continuous optimization of product mix, as well as ongoing market demand from cloud computing, 5G/IoT and automotive electronics, cumulative sales for January to November totaled NT$ 160 billion, up 7% Y-o-Y.
Opto-electronics Business contributed a 19% share of total sales, of which, LITEON’s worldwide No.1 shipment photocouplers used in industrial automation and green energy advanced applications posted steady delivery; electronic vehicle chargers, LED vehicle lighting and ADAS camera modules delivered a yearly growth.
Cloud & AIoT business contributed a 34% share of sales. Thanks to ongoing global market demand, high-end datacenter server and networking power management systems for cloud computing as well as 5G networking applications posted a solid yearly growth.
Information Technology & Consumer Electronics Business accounted for 47% of sales, of which, high-end power adapters shipments posted an ongoing yearly growth.