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2011-12-08

Lite-On Semi reports decline in November revenues

Ingrid Lee, Taipei; Jessie Shen
 
Lite-On Semiconductor has announced that consolidated revenues for November 2011 amounted to NT$636 million (US$21.1 million), down 16.1% on year and down 4.3% on month. The firm attributed the drops to a slowing global economy and the traditional low season in the fourth quarter.

Semiconductor-related products comprising discrete and analog components, and the 6-inch IC foundry segment, accounted for more than 80% of company revenues in November, while the remaining 18% was contributed by modular system products, Lite-On Semi revealed.

Discrete components continued to play the largest contributor to Lite-On Semi's sales in November 2011, but saw revenues decline 26.7% from a year ago. The segment registered flat sales growth on a sequential basis.

Lite-On Semi indicated the company will expand its MOSFET portfolio in 2012 to offer a full lineup of discrete components for power supplies.

Meanwhile, November sales of Lite-On Semi's analog IC-related products including power conversion chips, ambient light sensors and proximity sensors dropped 8.4% sequentially, but grew 2.9% from a year earlier.

Ambient light/proximity sensors for smartphones and tablets enjoyed impressive sales growth of 33.8% on year and 5.9% on month in November, Lite-On Semi noted.

For the foundry business, revenues decreased 9.2% sequentially but climbed 34.5% on year in November. Modular system products including contact image sensors and power modules for LED lighting saw revenues decline 9.2% sequentially in November.

 

 

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