Lite-on sales driven up by camera module shipments

Taipei Times
Date: Oct 08, 2015
By: Lauly Li  /  Staff reporter

Electronics component maker Lite-On Technology Corp (光寶科技) yesterday posted a better-than-expected sales result for last quarter, mainly driven by robust shipments for camera modules last month.

Revenue was NT$55.96 billion (US$1.7 billion) last quarter, a decline of 10.43 percent from last year’s NT$62.48 billion, but 4.91 percent higher than the NT$53.34 billion made in the previous quarter.

The quarterly sales were higher than Yuanta Securities Investment Consulting Co’s (元大投顧) estimate of NT$53.74 billion by 4.13 percent.     [FULL  STORY]

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