Tuesday, April 24, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
First-Quarter Lobbying Expenditures: Google, AT&T, Comcast and Comcast Remain Top Spenders
Samsung Launches Six Original Series on Samsung VR Video Service on Gear VR
Facebook Says Users Are Not Products, the Social Network Is
European Regulators Investigate Apple's Proposed Acquisition of Shazam
Amazon is Working on Home Robots: report
7nm Volume Production to Fuel TSMC's Profits This Year
Toshiba Weighs Memory Chip Unit Options
Google Chat Launches to compete with Apple's iMessage
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
Tsinghua to Invest in China-based Lite-On Storage Plant
Lite-On's Uses NOR Flash In SSDs For Data Centers
Lite-On Expands Its SSD Storage Manufacturing
CES: Lite-On Displays J8 SSD for IoT Devices, EP2 U.2 Enterprise SSDs
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

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .