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Tag: LITE-ON TECHNOLOGY CORP.

LITEON Technology Reports the First Half Net profits of NT$6.1 Billion, EPS of NT$2.66
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LITEON Technology Reports the First Half Net profits of NT$6.1 Billion, EPS of NT$2.66

TAIPEI, July 19, 2022 /PRNewswire/ -- LITEON Technology (2301-tw), the world-leading provider of opto-semiconductor, power supply management and key electronic products, today reported second quarter consolidated sales of NT$ 43 billion, hitting second quarter record high in 3 consecutive years, attributable to the stable growth from opto-electronics, cloud computing, 5G, AIoT and automotive applications. Despite the supply chain lockdowns in East China, by actively optimizing product mix, managing global capacity with quicky response and flexibility, and continuously improving operational efficiency, LITEON three business divisions kept the growth momentum. The gross profits and operating profits reached NT$8.8 billion and NT$4.4 billion, up 10% and 15% Y-o-Y respectively; gross profit m...