TAIPEI (Taiwan News) — Taiwan's Lite-On Technology on Friday reported its highest April revenue in seven years, supported by demand from artificial intelligence and cloud computing applications.
The company posted April revenue of NT$16.7 billion (US$531.9 million), up 24.5% from the same period last year. Cumulative revenue for January through April reached NT$60.1 billion, an increase of 21% year-on-year, according to CNA.
Founded in 1975 and headquartered in Taipei, Lite-On is one of Taiwan’s longest-established electronics manufacturing groups. Its operations span cloud and AI and the internet of things, optoelectronics, and consumer electronics, according to Sinotrade.
Growth in April was mainly driven by shipments of high-end server power products, including power supply units for AI and cloud servers, as well as backup battery units used in data center systems. Optical semiconductor products also contributed to overall performance.
The cloud and Internet-connected device segment recorded more than 50% year-on-year growth in April and accounted for 53% of total monthly revenue. The increase reflects a rising share of AI-related and data center demand in the company’s business mix.
The information technology and consumer electronics segment, which made up 31% of revenue, has also seen steady growth, rising 3% month-on-month. The company said it benefited from demand linked to low Earth orbit satellite applications and high-end power systems.
President Anson Chiu (邱森彬) said at the end of April that the first quarter is likely the low point of the year for operations. He added that AI-related product shipments are expected to increase quarter by quarter, and both revenue and profitability in the second quarter could show stronger year-on-year and quarter-on-quarter growth.
Looking ahead this year, the company is benefiting from strengths in power management technology, flexible supply chain execution, and manufacturing expansion in the US and Vietnam. With global AI infrastructure expanding, these strengths are supporting its positioning in integrated AI power solutions as the industry enters its next stage of growth.
