2014-08-05

Lite-On Supplies LED Streetlights to Gas-Explosion Hit Areas in Kaohsiung

Lite-On recently announced donating NT $ 5 million (US $170,000) to the gas-explosion devastated Kaohsiung City in southern Taiwan.
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2014-07-30

Lite-On Sells Epistar Shares

Taiwanese LED lighting manufacturer Lite-On Technology has joined the ranks of two other Taiwanese LED manufacturers’ in selling its 3,900 shares in Epistar, according to a UDN report.
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2014-06-19

Lite-On Technology Appoints Current CEO Warren Chen as Vice Chairman

Lite-On Technology Board of directors has appointed Warren Chen, current Group CEO of Lite-On Technology as Vice Chairman and Group CEO of Lite-On Technology, effective from July 1st, 2014. 
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2014-06-10

Lite-On Technology Revenue Up in May 2014

Lite-On Technology’s (Lite-On) consolidated revenue from all subsidies and business sectors for May 2014 continued to grow due to rising end-market demands and market shares that have contributed to increase in company core products.
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2014-04-10

Lite-On Sees Rise in March Revenue Performance

Lite-On Technology announced its March 2014 consolidated revenues. Rising demand for LED lighting boosted the company’s revenue for LED components and lighting products, which saw a growth of around 20 percent from February. 
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2014-03-27

Lite-On Technology Reports Record High Performance in 2013

Lite-On Technology announced their fiscal 2013 financial performance today. The company’s fourth quarter 2013 consolidated sales reached NT$59.36 billion (US $1.9 billion), up 12 percent YoY and 4 percent QoQ, hitting a 10-quarter record high.
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2013-10-10

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 th...
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2013-08-12

Lite-On Technology Achieves Improvement in July Consolidated Revenue

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 de...
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2013-06-21

Lite-On Technology Approves Dividend Policy of NT$2.4 per Common Share on Its 2013 Annual General Meeting

Lite-On Technology held its 2013 annual general meeting on June 19, during which the shareholders approved Lite-On's results in 2012 and distribution of a NT$2.4 dividend per common share. Of that sum, the cash and stock dividend portions will be NT$2.35 and NT$0.05 per share respectively. The payout ratio and cash dividend yield are 72% and 4.8%, in line with the company’s historic high and stable payout ratio. Meanwhile, approval was also granted for the election of Mr. Kuo-Feng Wu, Mr. Harvey Chang and Mr. Edward Yang to serve as independent directors. ...
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2013-06-19

Lite-On Technology and Lite-On IT Extends LED Lighting Business in American Market

Although Lite-On Technology's LED lighting components in 2012 benefited from the strong demand of brand customers, its annual growth in revenue increased nearly three times, but Guangzhong Chen, president of Lite-On Technology, said on June 18 that the current performance of LED business is still not satisfied, and Lite-On will actively expand plants this year, the overall production capacity of LED is expected to grow 20% to 50% over last year, also Lite-On IT recently merged into Lite-On Technology will access to the LED lighting terminal market, and they...
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2013-06-07

Lite-On Technology Achieved an Increase of 1% in Its Consolidated Sales in May Over Last Month

Lite-On Technology (TW 2301) reported on June 6 that its consolidated revenue in May reached NT$16.49 billion and parent company consolidated sales amounted to NT$10.31 billion, an increase of 1% and 4% respectively over last month. All Strategic Business Groups (SBG) of of Lite-On showed stable order intakes, and cumulative consolidated sales of Lite-On Tech and its parent company from January to May came to NT$79.16 billion and NT$48.18 billion respectively. Due to the steady increases in the global demand of cloud computing application and mobile devices, ...
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2012-01-10

Lite-On Expects to boost Its LED Sales in 2012

Recently, Lite-On Technology Corp. has signed a partnership agreement with six lighting manufacturers and expected a bright outlook for its sales in 2012. Due largely to the new contract, the company’s CEO, K.C. Terng, estimated its monthly shipments to see a double-digit growth from the 20 million sets of LED lighting products it delivered in 2011. Furthermore, Terng felt that for the LED industry the worst days have gone and the industry will perform better in the new year than in 2011, whether the LED lighting sector or the backlight sector. Addition...
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2011-12-19

Taiwan’s LED Industry to Benefit from Panasonic’s Cost-reduction Plan

Panasonic is announced to make a restructuring plan aimed at quickly snatching up sizable share of mainland China market for LED lighting. And Taiwan’s LED Industry may benefit from the plan. In January 2012, the Japanese company is to combine the LED lighting operation with the independent Panasonic Lighting with the aim of bagging around 40% of the Chinese mainland’s market for LED lighting by the end of 2015 and boosting profit by 10% through halving costs. According to Panasonic, the consolidated entity’s sales to reach 200 billion yen (U...
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2011-09-29

Lite-On to Benefit from International LED Buyers

Reports realease that Lite-On Technology Co., Ltd. will add 20% of revenue to the company’s LED operation in 2012 from least two multinational lighting manufacturers’ LED package contracts. It’s said that the buyers recently visited an LED-epitaxy joint venture Lite-On co-opens with chipmaker Epistar in Changzhou, mainland China to talk over details of the deals. As for the joint venture, Lite-On holds a 30% stake in the US$120 million, which is designed to run a maximum of 60 MOCVD chambers when its expansion is completed next year. Th...
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2011-09-26

Taiwan Epistar and Lite-On Technology Join Force with Konka to Form LED Venture

LED venture of US$120 million which has been co-opened by Taiwanese LED makers Epistar, and Lite-On Technology as well as TV maker Konka Group comes on stream in Changzou ,China on Sept. 23, 2011  Epistar has in the dominating position of the venture with a 60% stake. The venture is its first overseas and the biggest in mainland China capable of making epitaxy wafers and chips.Plus, this venture is its first that involves LED packager (Lite-On) and end-product maker (Konka) as co investors. At the same time, Lite-On owns a 30% stake and Konka hold...
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2010-11-09

Lite-On Technology reports October sales of NT$ 10.32 Billion

Lite-On Technology Corp. (TW 2301) reported October consolidated revenue of NT$10.32 billion, up 10% on year. The sales growth was attributable to Lite-On’s ongoing expansion in market share, coupled with stable demand. Cumulative sales from January through October reached NT$103.2 billion, up 32% Y-o-Y.
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2010-10-08

Most Taiwan LED companies' September revenues were lower compared to that in August

Affected from inventory adjustment in the LCD TV segment, most Taiwan LED companies’ September revenues, included Everlight, Bright, Harvatek, and Lextar, had been lower compared to in August.
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Cree announces the commercial availability of the XLamp® XD16 LED, the industry’s first Extreme Density LED, which delivers up to 5 ½ times higher lumen density than Cree’s previous generation of high power LEDs.

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LG Innotek today announced that the company has developed the world's first 100mW (mill watts) UV-C LED. This development is 2 years ahead of the industry forecast that predicted its development would be successful by 2020.

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