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Monday, June 20, 2005
Lite-On IT expects to ship 15 million optical drives in 3Q

Lite-On IT expects to achieve average monthly shipments of five million optical disc drives (ODDs) in the third quarter, up from 4.5 million in the first quarter, according to Taiwan-based institutional investors.

However, despite having a more profitable ODD business than other Taiwan-based makers, as well as TSST (Toshiba-Samsung Storage Technology) and HLDS (Hitachi-LG Data Storage), Lite-On IT is facing a rigorous challenge trying to maintain profit growth, according to chairman Raymond Soong.

The company recently distributed a dividend per share of NT$4.5 in cash and NT$0.5 in stock for its 2004 operation.

From DigiTimes

Taiwan makers to take 50% of the digital camera market by 2008        All News        HLDS and TSST cut OEM prices for 8x slim-type DVD burners
DVD Recorder Market to Grow by 87% in 2005     Optical Storage News      HLDS and TSST cut OEM prices for 8x slim-type DVD burners

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