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Message: Lite-On IT

Lite-On IT

posted on Dec 07, 2007 06:49AM
The former and Lite-On Technology Corporation gathered some elite scientist and engineers from ITRI (Industrial Technology Research Institute) in 1995 to start an optical storage research and manufacturing business. To focus on the optical drive industry, Lite-On IT was spun separate company in 1999, listed in Taiwan in 2001, and was listed on the Taiwan Stock Exchange on Nov. 5, 2004.

In 2002 Lite-On IT added a new business unit, Digital Consumer, to leverage our core competencies in optical storage from the IT industry in the consumer space. A third business unit, Automotive Electronics, was added in 2006 to focus on optical devices for the burgeoning automotive entertainment market.

Currently we employ over 311 engineers with at the Master & Ph.D. level in our R&D teams (approximately 5% of total employees) to help maintain our leading competitiveness in the optical drive space. We offer mature products such as CD-ROM, CD-RW, and DVD-ROM as well as more advanced products such as Combo drives (read CD/DVD, write CD-R/RW) and DVD-RW drives. We are also introducing next-generation Blu-ray drives in 2H 2006.

We maintain a commitment to quality, innovation, and manufacturing excellence coupled with a drive to continually introduce new features and products. This has helped us not only survive but also grow substantially during a period of consolidation where other players were forced out of the industry. Moreover, we continue to expand our position.

In April 2006 Lite-On IT acquired BenQ's ODD business propelling us to a global #2 position in the industry, and cementing our position as the world's largest OEM/ODM optical disc drive manufacture.

We continually aim for market share growth in our original IT-based ODD business, expanded market share in the Digital Consumer space and new markets in the automotive industry as we look towards our future.

"Light up your digital life" with Lite-On IT, and share in the benefits of the digital era.

1995
>
Started as a business unit in Lite-On Technology Corporation
1998
>
Taiwan’s Largest and the world’s 4th largest CD-ROM manufacturer
1999
>
Monthly production quantity exceeded 1M units
>
Spin off from Lite-On Technology Corporation
>
Lite-On IT Corporation Founded
>
Became the world’s 3rd largest CD-ROM manufacturer
2001
>
Became a Publicly Listed Company
>
Monthly production quantity exceeded 2M units
2002
>
Monthly production quantity exceeded 3M units
>
Became the world’s 2nd largest ODD manufacturer
>
Digital Consumer business unit established
2003
>
Manufacturing site moved from SJP to GZP (Lite-On Science Park)
>
Started to manufacture DVD Rewriters (DVD-RW)
2004
>
IPO in Taiwan
2005
>
Monthly production quantity exceeded 5M units
2006
>
Automotive Electronics business unit established
>
Acquired BENQ’s ODD Business

Lite-On Semiconductor foundry revenues hit record in October

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Claire Sung, Taipei; Rodney Chan, DIGITIMES [Tuesday 6 November 2007]

Lite-On Semiconductor Corporation (LSC) has reported record revenues for its foundry service for October, and LSC expects the foundry segment to be a major driver of company sales in the fourth-quarter low season, according to the company.

LSC has posted NT$163 million (US$5.04 million) in consolidated revenues from foundry services for October, up 5.3% on year and 1.9% sequentially.

The company's overall consolidated revenues for October totaled NT$1.14 billion, up 14.7% on year, with the Semiconductor Group and Image Business Group contributing 55% and 45% of the total October sales respectively, the company said.

The Image Business Group saw a 4.3% sequential decline and 18.3% on-year growth on October sales of NT$514 million. LSC said its camera module sales climbed only 1% because of a CMOS shortage stemming from strong demand China's white box handset market.

LSC: January 2007 - October 2007 revenues (NT$m)

Month

Sales

M/M

Y/Y

YTD

Y/Y

Oct-07

1,079

(5.3%)

12.6%

10,600

10.4%

Sep-07

1,139

6.2%

14.6%

9,521

10.2%

Aug-07

1,073

8.1%

5.2%

8,382

9.6%

Jul-07

992

(10.2%)

(2.4%)

7,309

10.3%

Jun-07

1,105

(1%)

9.6%

6,316

12.6%

May-07

1,115

4.3%

16.6%

5,212

13.3%

Apr-07

1,069

(0.4%)

12%

4,096

12.4%

Mar-07

1,073

13.1%

14.1%

3,027

12.6%

Feb-07

949

(5.5%)

11.4%

1,954

11.7%

Jan-07

1,004

5.3%

12%

1,004

12%

*Figures are not consolidated
Source: TSE, compiled by Digitimes, November 2007

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