Trade Resources Industry Views EMS Provider Lite-on Technology Revenues Hitthe Highest Monthly Level Since October 2011

EMS Provider Lite-on Technology Revenues Hitthe Highest Monthly Level Since October 2011

EMS provider Lite-On Technology has reported consolidated revenues of NT$20.361 billion (US$681 million) for September, hitting the highest monthly level since October 2011 and increasing 7.34% sequentially and 5.04% on year.

September sales from LED lighting components rose nearly 20% on year, while other segments also saw strong growth in the month: LED street lamps, 40%; CCMs (compact camera modules), nearly 50%; and SSDs (solid-state drives), over 30%, Lite-On indicated.

Lite-On Technology's consolidated revenues of NT$57.220 billion for the third quarter grew on quarter by 14.58% and January-September's NT4153.592 billion slipped on year by 5.94%.

LTC: Consolidated revenues, Mar 2013 - Aug 2013 (NT$m)

LTC: Consolidated revenues, Mar 2013 - Aug 2013 (NT$m)

Month

Sales

M/M

Y/Y

YTD

Y/Y

Aug-13

18,968

6%

0.8%

133,230

(7.4%)

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%)

*Figures are consolidated

Source: TSE, compiled by Digitimes, October 2013

Source: http://www.digitimes.com/news/a20131009PD203.html
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Lite-on Technology September Revenues Hit 24-Month High
Topics: Lighting