Lite-On Revenue Up 18% in June 2014

Lite-On Technology Corporation reported a combined revenue of NT $20.24 billion (US $676.35 million) for June 2014, up 3 percent MoM, and growth of 18 percent compared to the same period last year. Lite-On core products maintained growth on the back of rebounding end market demands and increased market share. Consolidated revenue from January to June this year was NT $110.2 billion, up 14 percent YoY. 

Lite-On’s optic business revenue made up 29 percent of the company’s total revenue for June. LED components and lighting products benefited from lighting application market growth and increase in IT application market demands, driving up June revenue performance. Production expansion for camera modules for high-end applications, smooth shipments, and increase in market share for smartphones and tablet computers has driven up June revenue 57 percent YoY.

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