LITEON Technology Reports Consolidated June Sales of NT$18.7 Billion, Up 8% M-o-M and 37% Y-o-Y

News Summary

LITEON’s consolidated revenue for June reached NT$18.7 billion, representing a 8% M-o-M and 37% Y-o-Y increase. Strong demand for AI and cloud computing high-end server power systems and high‑efficiency backup battery systems (BBU) drove solid revenue growth on both a monthly and yearly basis. The cumulative sales for the first half year totaled NT$96.1 billion, up 25% Y-o-Y.

LITEON Technology (2301-tw) today reported its June consolidated revenue of NT$18.7 billion, up 8% M-o-M and 37% Y-o-Y. Revenue growth was mainly driven by high-end server power systems for cloud and AI applications and high‑efficiency backup battery units (BBU).  The cumulative sales for January to June totaled NT$96.1 billion, up 25% Y-o-Y.

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Cloud & AIoT Business contributed a 56% share of total sales, of which, benefiting from the delivery growth for power management systems of high-end datacenter server and cloud computing, Cloud & AIoT business posted a yearly growth of over 80%.

Opto-electronics Business contributed a 15% share of sales, of which, LITEON’s photocouplers used in industrial automation, new energy, and AI power applications; infrared applications for invisible LED; advanced visible LED indicator featuring high integration and miniaturization for AI servers and switches continued to see solid demand, contributing to over 10% Y-o-Y revenue growth for the segment.

Information Technology & Consumer Electronics Business accounted for 29% of sales, of which, with the ongoing optimized product mix and diversified application markets, steady shipment growth of LEO satellite power systems and advanced power supplies drove the segment’s revenue to increase over 10% M-o-M.