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Thursday, December 09, 2004
Lite-On Technology saw November revenues down 6.7% from October

According to DigiTimes, LiteOn reported consolidated revenues of NT$14.57 billion for November, down 6.7% from the record NT$15.62 billion it posted in October.

Lehman Brothers stated in a recent report that Lite-On Technology would rely on power supplies and imaging products more than display product lines for profitability in 2005. The financial firm expects Lite-On Technology?s 2005 consolidated revenues to rise 18% from this year.

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