Sunday, December 21, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Introduces SE790C Curved Monitor
Chinese Motion-sensing VR Glasses Coming On Kickstarter
Kodak Returns To CES With Consumer Product Line
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 Home > News > General Computing > Lite-On...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, May 14, 2013
Lite-On Sees Further Growth in 2Q13 Revenues


Lite-On Technology's consolidated revenue for the first quarter of 2013 was decreased by 11.6% but the company expects growth for the second quarter.

During a conference with the company's investors, Lite-On's CEO Warren Chen said that he expects consolidated revenue for the second quarter to grow by up to 10%.

The company expects LED lighting, compact camera modules, SSDs, automotive electronics and power supplies to become major sources of revenue growth in 2013.

The company's IT business group accounted for 39.5% of Lite-On Technology's first-quarter consolidated revenues, LED devices, CCMs, chassis of hand-held devices together for 32.4%, optical disc drives (ODDs) and SSDs for 22.1%, LED lighting products and devices as well as green energy products for 6.0%.

With affiliated Lite-On IT combined with Lite-On Technology, the former's ODDs, SSDs and automotive electronics are included in the latter's consolidated accounting. While ODD revenues have kept falling, SSD revenues for the first quarter hiked on year by 260%.

Lite-On also expects orders for power supplies to grow in the second half of 2013 due to application to cloud computing.


Previous
Next
Nokia Introduces The New Metal-body Lumia 925 Smartphone        All News        Sharp Unveils Recovery Plan, Brings IGZO Panels To Notebooks
Microsoft Embraces Google Friends     General Computing News      Sharp Unveils Recovery Plan, Brings IGZO Panels To Notebooks

Get RSS feed Easy Print E-Mail this Message

Related News
Lite-ON to Debut M.2 PCIe Gen 2x4 Enterprise SSD
Lite-On Technology to Acquire Lite-On IT
Lite-On Eyes Revenue Growth in Q4
Lite-On E200 SSD Coming In The U.K.
Lite-On Unveils Solid State Drives and MyDisk Software Suite
LiteOn To Make SSDs For Toshiba
LiteOn Runs Design Competition For Slim DVD writer
Lite-On Introduces 6x external slim Blu-ray COMBO
Lite-On Europe Contest Available on Facebook
Lite-On May Unseat Quanta Storage as No.3 Player in Slim Optical Disc Drives
LiteOn Adds Style to eNAU608 Slim-type DVD Burner With Interchangeable Covers
LiteOn IT Opens New Factory in Eastern China

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .