Taiwan-based EMS provider Lite-On Technology reported its July consolidated revenue of NT$17.89 billion, up 4% M-o-M and 3% Y-o-Y. Revenue continued to grow in all of Lite-On’s Strategic Business Groups (SBG), of which Power SBG, Camera Module and HIS (Human Input Solutions-PC keyboards and peripherals) business units hit monthly sales highs for 2013. Cumulative consolidated revenue of Lite-On Tech from January to July reached NT$114.26 billion.
Thanks to steady increases in the demand for cloud computing applications and mobile devices, aided by ongoing market share gains in high-end Networking Devices and Server Power Management Systems, Power SBG posted a stable revenue growth, hitting a monthly sales high for 2013. Camera Module, supported by its production capacity expansion and the smooth delivery of high-end products, as well as ongoing gains in the global market-share of smart phones and tablets, posted a revenue growth of over 30% Y-o-Y, also hitting a monthly record high for 2013.
LED components and Lighting products presented a growth of approximately 20% Y-o-Y. Thanks to substantial demand from branded customers and delivery growth, revenue from LED lighting components increased approximately 40%. LED street lighting products also posted revenue growths of 70% Y-o-Y and 30% M-o-M, driven by increased demand for energy saving solutions in North America.
Moreover, HIS (Human Input Solutions-PC keyboards and peripherals), supported by ongoing global market share gains as well as the smooth delivery of tablet keyboards, posted a revenue growth of approximate 40% Y-o-Y, hitting a record high. Multi-Function Peripherals posted a revenue growth of over 20% Y-o-Y thanks to the smooth delivery of its new laser model, while Enclosure also posted a revenue growth of over 20% Y-o-Y, driven by the smooth delivery of high-end server enclosure products, which resulted in revenue growths of 11% M-o-M and 28% Y-o-Y in the Mechanical Competence SBG, a record high since 2011.
