Friday, December 09, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung To Make Chips For Tesla Cars
Google Opens its Digital Assistant to Developers
BlackBerry Unveils BlackBerry Secure For IoT Mobile Security
ARM Physical IP for TSMC 7nm Process Technology Now Available
HTC Launches Vive Studios, Debuts "Arcade Saga" Title
Radeon Software Crimson ReLive Edition Brings Support For Chill, Along With New Features
Microsoft Unveils Windows 10 for Qualcomm Chips, "Project Evo" PCs For Mixed Reality And Gaming
Samsung's First Foldable Phone May Actually Not Have A Foldable Screen
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 > Optical Storage > Lite-On...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, October 05, 2002
Lite-On IT posts 3Q revenues of NT$9.25 billion


Lite-On IT said third-quarter revenues fell short of its original target of NT$10.1 billion at NT$9.25 billion, as launches of new optical drives hurt demand for older products. Revenues in September rose 12% from August to NT$3.45 billion, a sign of business firming up after hitting bottom in July, a spokesperson said. That brought cumulative revenues for the first nine months of 2002 to NT$30.47 billion, or 75.6% of its full-year target.

The spokesperson declined to comment on fourth-quarter outlook, saying only that Lite-On is on track to meet its 2002 earnings and revenue projections. Although shutdowns of US West Coast ports have disrupted shipments to the country, the company has approximately 30 days of goods in US inventory to meet short-term demand, he said.

Lite-On is also negotiating with European brokerage houses over plans to issue a depositary receipt that would represent 20 million to 25 million shares of company stock, the spokesman added.


Previous
Next
Acer takes a tough line on Benq over branding        All News        Acer takes a tough line on Benq over branding
Acer takes a tough line on Benq over branding     Optical Storage News      Acer takes a tough line on Benq over branding

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
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 Sees Further Growth in 2Q13 Revenues
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

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 .