Lite-On Technology September Revenues Peaks Again 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%.

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