Fri, Jul 06, 2012 - Page 14 News List

Lite-On bullish on higher demand

By Lisa Wang  /  Staff reporter

Electronic component maker Lite-On Technology Corp (光寶科技) yesterday posted its strongest monthly revenue since March, supported by a spike in demand for power-supply units, its biggest revenue source, after customers launched new products, such as Ultrabooks.

Revenue rose 2 percent to NT$10.43 billion (US$349 million) last month, from May’s NT$10.20 billion, which was 4 percent growth from NT$10.06 billion a year earlier.

In the April-to-June period, Lite-On’s revenue grew 1.59 percent year-on-year, or 12 percent quarter-on-quarter, to NT$30.68 billion, matching the company’s forecast that the second quarter would see growth compared with the first quarter as makers of cloud-computing servers and Ultrabooks boost demand for the company’s camera modules and power-supply units.

The company said on June 8 that it expected revenue to grow further in the third quarter.

Last month, revenue from power-supply units rose more than 10 percent year-on-year, hitting the highest level in 15 months, as demand for high-end products supporting cloud-computing technology increased, as did market share, the company said in a statement.

Revenue from its optoelectronics business grew at a 12 percent annual rate on the back of substantial growth in LED lighting components, with the total having quadrupled from a year ago. Revenue from camera modules for PCs and handsets grew 30 percent year-on-year.

Revenue from the sales of keyboards and other electronic peripherals increased 20 percent last month from a year earlier, thanks to an increase in market share, Lite-On said.

Separately, Amtran Technology Co (瑞軒科技), which makes flat-panel TVs for Vizio Inc and other TV brands, yesterday said revenue had expanded 64 percent year-on-year and 11 percent month-on-month to NT$5.6 billion last month.

That brought second-quarter revenue to NT$15.2 billion, up 8 percent from the NT$14.07 billion posted in the first quarter.

Shipments grew 8 percent last month to 540,000 units, from 500,000 units in May, according to a company statement.

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