LITE-ON Technology Reports November 2023 Sales

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

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Unedited press release follows:

LITEON Technology Reports Consolidated November Sales of NT$12.3 Billion

LITEON Technology (2301-tw) today reported its November consolidated revenue of NT$ 12.3 billion, up 1% M-o-M. Thanks to continuous growth from high-value core businesses of power management in cloud computing & advanced server, cumulative sales for January to November totaled NT$136 billion.

Opto-electronics Business contributed a 20% 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 34% share of sales. Thanks to the smooth delivery of high-end datacenter server power management systems for cloud computing, Cloud & AIoT posted a monthly growth.

Information Technology & Consumer Electronics Business accounted for 46% of sales, of which, ongoing product optimization and the demand in high-end power shipments, the business posted a monthly growth.