Trade Resources Industry Views Lite-On Technology Posted Consolidated Revenues of NT$18.968 Billion for August

Lite-On Technology Posted Consolidated Revenues of NT$18.968 Billion for August

Lite-On Technology posted consolidated revenues of NT$18.968 billion (US$632 million) for August, the highest monthly level so far in 2013 with on-month growth of 6.02% and on-year growth of 0.75%, and those of NT$133.230 billion for January-August, dipping on year by 7.42%, according to the company.

August revenues from LED lighting components and LED street lamps increased on year by nearly 20% and 40%, respectively, Lite-On Technology indicated. With Samsung Electronics, HTC, Sony Mobile Communications and China-based smartphone vendors being major clients, August revenues from CCMs (compact camera modules) used in smartphones and tablets rose on year by nearly 30%, the company said. August revenues from notebook keyboards, MFPs (multi-function peripherals) and server chassis also increased by nearly 20%, Lite-On said.

Lite-On is a supplier of power supplies and Blu-ray Disc drives for Microsoft's Xbox One, with shipments starting in late June and expected to significantly increase in the third and fourth quarters, the company noted.

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

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

Month

Sales

M/M

Y/Y

YTD

Y/Y

Jul-13

17,891

4%

2.5%

114,263

(8.7%)

Jun-13

17,208

4.4%

(5.3%)

96,372

(10.5%)

May-13

16,487

1.5%

(9.3%)

79,164

(11.5%)

Apr-13

16,246

(1.1%)

(11.1%)

62,677

(12.1%)

Mar-13

16,432

24.2%

(16.1%)

46,431

(12.4%)

Feb-13

13,233

(21.1%)

(22.7%)

29,999

(10.3%)

*Figures are consolidated

Source: TSE, compiled by Digitimes, September 2013

Source: http://www.digitimes.com/news/a20130906PD216.html
Contribute Copyright Policy
Lite-on Technology Sees Increased August Revenues
Topics: Lighting