Saturday, February 13, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple: Dr. Dre Starring In New TV Series; New iPhone, iPad Coming in March
Foxconn Seeks For Partner To Boost Bid For Sharp
Micron Outlines Tts First 3D NAND Products
AT&T To Start 5G Trials This Year
Uber Agrees to Settle Safety Lawsuits
Google To Expand Right-to-Be-Forgotten Removals Following Pressure From Europe
Apple And At&T Sued For Infringement of Touch Feedback Patents
LG Will Not Unveil LG Pay at MWC
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
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
 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
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
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

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .