Lite-On optimistic about 2Q12
Siu Han, Taipei; Jackie Chang, DIGITIMES [Wednesday 28 March
Warren Chen, CEO of the Taiwan-based Lite-On Group, has indicated
seasonal factors have been causing first-quarter 2012 revenues to
be 5% less than fourth-quarter 2011. Nevertheless, performance
in the second quarter will be better than in the first
Lite-On said 2011 net profits were NT$7.23 billion (US$245 million)
with EPS of NT$3.22. In particular, core businesses such as power
supplies and optics have shown steady growth. Lite-On's camera
module revenues showed a 15% growth on year due to increasing
orders from smartphone and notebook firms.
Chen added that the current debt crisis in Europe has yet to be
resolved. However, the problems have not been growing either. Hence
the economy seems better than in previous months.
Chen noted the addition of 3-4 customers from Europe and Asia has
been contributing to the steady growth of Lite-On's LED lighting
business. In addition, more smartphone and notebook products have
been adopting LED environment sensors, therefore, the firm believes
demand will grow. Lite-On is preparing to expand capacity for
LED environment sensors in third-quarter 2012 and will supply to
major customers such as Nokia.
Lite-On Mobile, a subsidiary of Lite-On, reported 2011 net profits
of EUR1.34 million (US$179 million).
Es grüßt Rickmann