Trade Resources Company News Lite-on Technology Has Reported Consolidated Revenues of NT$20.182 Billion

Lite-on Technology Has Reported Consolidated Revenues of NT$20.182 Billion

EMS provider Lite-On Technology has reported consolidated revenues of NT$20.182 billion (US$673 million) for December, increasing 2.97% sequentially and 16.07% on year. Fourth-quarter 2013 consolidated revenues reached NT$59.231 billion, growing 3.51% sequentially and 11.74% on year, while consolidated revenues for 2013 totaled NT$212.822 billion, decreasing 1.61% on year.

It reported sequential growth for December sales from the smartphone- and tablet-use CCMs (compact camera modules), which rose 10%, SSDs, which grew nearly 40%, and LED components and lighting products, which increased over 40%.

Lite-On expects a sequential decrease of 10-15% in consolidated revenues for first-quarter 2014 mainly due to fewer working days.

LTC: Consolidated revenues, Jul 2013 - Dec 2013 (NT$m)

 

LTC: Consolidated revenues, Jul 2013 - Dec 2013 (NT$m)

Month

Sales

M/M

Y/Y

YTD

Y/Y

Dec-13

20,182

3%

16.1%

212,822

(1.6%)

Nov-13

19,600

0.8%

10.7%

192,640

(3.2%)

Oct-13

19,448

(4.5%)

8.6%

173,040

(4.5%)

Sep-13

20,361

7.3%

5%

153,592

(5.9%)

Aug-13

18,968

6%

0.8%

133,230

(7.4%)

Jul-13

17,891

4%

2.5%

114,263

(8.7%)

*Figures are consolidated

Source: TSE, compiled by Digitimes, January 2014

Source: http://www.digitimes.com/news/a20140108PD216.html
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Lite-on Technology Sees Increased December Revenues
Topics: Lighting