LiteOn Optoelectronics Segment Revenue Down 12% QoQ, Yet Market Share on the Rise

LiteOn yesterday reported its 3Q17 financial results, with a consolidated revenue of NTD 56 billion (USD 1.856 billion) following a 6% quarterly increase contributed by increased sales of power system solutions for cloud-computing data centers, AI smart home devices, IR LED, outdoor lighting, storage systems and game consoles.
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LiteOn Exhibits Advanced Automotive Lighting and Light Sensors at 2017 Shanghai Int’l Auto Lamp Exposition

The 3rd Shanghai International Auto Lamp Exposition and the 12th Auto Lamp Industry Development Technical Forum, organized by the Committee of GTB and CATARC, opened its curtain under the spotlight. The exposition gathered the whole automotive lighting supply chain, from providers of key components- driver ICs, optoelectronic components, and waterproof auto lamp films- and car light manufacturers, to Chinese major automakers.
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LiteOn LED Business Revenue Reports Slight Decline in 1Q16

Despite delivering overall positive financial performance, Taiwanese electronic group LiteOn’s LED lighting business revenue fell slightly during first quarter of 2016.
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Osram and LiteOn Identify Market Opportunities in Weable Market for IR LEDs

Emerging IR LED market applications in wearables and virtual reality device markets are attracting more manufacturers to join, said representatives from Osram and LiteOn at IR+UV Summit that organized by SEMI that took place at Nangang Exhibition Hall in Taipei, Taiwan on Thursday.
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LiteOn and Leotek Push Back Merger

LiteOn Technology announced on the 19th that the merger date with Leotek Electronics will be pushed back from April 7th to June 29th due to business requirements.
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Lite-On 4Q Revenue Breaks Two-Year Records

LiteOn released their December revenue yesterday, announcing that it had reached NT$ 20.18 billion (US $670 million), a monthly and yearly increase of 3 percent and 16 percent respectively making it the highest single month for 2013. Increase of end market demands spurred continual growth for core technologies, said LiteOn. Consolidated revenue for 4Q13 was NT$ 59.23 billion, showing unusually good performance for a slack season with quarterly and yearly growth of 4 percent and 12 percent respectively, the highest single quarter revenue in two and a half years. Revenue for all of 2013 reached NT$ 212.8 billion.
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LiteOn Initiates Mass Merger to Reduce Operational Management Costs

Taiwanese LED manufacturer LiteOn discussed the merger of multiple wholly owned subsidiaries during a board meeting conducted on December 16th. The merger will include LSE, LiteOn Clean Energy Technology Corp, Leotek, as well as the consolidation of three companies in Dongguan China. The company hopes to reduce operational management costs and increase operation benefit by simplifying organizational structure.
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LiteOn October Revenue Undergoes Exponential Growth

LiteOn global consolidated revenue for October reached NT $19.45 billion (US $66 million), a growth of 9 percent compared with last October. The company’s core businesses including power solutions and camera modules both reached record highs in October. Accumulated global revenue from Jan. – Oct. reached NT $173 billion
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Taiwan LiteOn Receives New High Sales in Sept. Revenues

Taiwan LiteOn Technology Corporation has hit a two-year monthly high in September revenues, benefiting from its cloud computing server power- management and LED products. The company’s PC peripherals has enjoyed new highs in sales as the coming launch of Win 8 from Microsoft, sales of related products for notebook and tablets as keyboard and mouse will boom. The company’s global combined revenues in September reached US$ 360.66 million, rising 4% month on month (MoM), up 6% YoY, hitting a two-year monthly high, with first-nine-month global combined rev...
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Mainland China’s Incandescent-ban Program Affects Taiwan’s LED Maufactures’ Actions

As Mainland China starts to implement a plan to phase out incandescent lamps in four to five years since October, Taiwan’s LED makers have taken actions to seize this opportunities. Epistar and Everlight have entered into alliance with Konka Group to open an epitaxy-wafer venture in the mainland. Everlight, is also promoting own-brand LED lighting in the mainland. LiteOn is setting up production lines in Changzhou, which integrate front-end, mid-end and back-end manufacturing capability. Genesis and Ledtech have separately signed agreementswith Potevio...
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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.


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.