Lite-On Technology is focusing on AI and power technologies to continuously drive business transformation.

Lite-On held its shareholders' meeting on the 20th, during which all relevant resolutions were passed. Today, coinciding with the first day of COMPUTEX Taipei, Lite-On returned to COMPUTEX this year, showcasing several of its latest technological achievements, including green data centers and system-level solutions such as AI-RAN. Several small forums were also held on-site to share Lite-On's latest applications and progress in the field of AI.

Lite-On Technology's consolidated global revenue for 2024 was NT$137.1 billion. Driven by high-growth, high-value businesses and continuous optimization of global supply chain resilience and operational efficiency, the company achieved a gross profit margin of 21.6% and an operating profit margin of 9.4% for the year. Net profit after tax was NT$11.9 billion, with earnings per share (EPS) of NT$5.21, continuing to create value for shareholders. Lite-On Technology distributed a total cash dividend of NT$4.5 per share for the year, demonstrating its commitment to rewarding shareholders.

Lite-On Chairman Song Mingfeng stated that at this critical moment when the AI ​​wave is driving industrial transformation, Lite-On is strengthening its operational resilience with an agile strategy. Through strategic investments and mergers and acquisitions, it is positioning itself in key future technologies and markets. With its 50th anniversary as a new starting point, Lite-On will continue to drive change and create long-term value for shareholders. He believes that every era has its challenges, and Lite-On will always put its core values ​​into practice, challenge the impossible, and lay a solid foundation for the next 50 years.

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Lite-On continues to drive its corporate transformation, focusing on growth-oriented businesses, namely cloud and IoT, and optoelectronics, setting a revenue target of 60% for these sectors, with the remaining 40% coming from its cash cow businesses, namely information and consumer electronics. The revenue contribution from growth-oriented businesses increased from 49% in 2020 to 57% in 2024, moving towards the target business portfolio percentage. 2024 also marks a significant turning point for Lite-On; its previous lean focus has come to an end. With continued optimization of its product structure, the implementation of digital operations management and AI tools, and accelerated global expansion, Lite-On is poised to return to a growth trajectory in 2025.

Last year, Lite-On successfully completed two strategic investments and acquisitions, laying the groundwork for key future technologies and expanding into global markets. This not only strengthens its core competitiveness but also demonstrates Lite-On's unwavering commitment to long-term value. Lite-On acquired nearly 20% of the shares of COSEL, a major Japanese power supply manufacturer, and will engage in in-depth cooperation across multiple areas, including product development, manufacturing, global expansion, and business development. Together, they will expand into niche power supply markets such as industrial automation, semiconductor equipment, medical, transportation, networking, and new energy industries, providing customers with more comprehensive power supply solutions.

In addition, Lite-On Technology's subsidiary, LEOTEK, acquired the transportation business unit of Dialight, a global LED industrial lighting giant, last year, transforming itself from North America's largest traffic signal service provider to a global leader, integrating traffic signals with intelligent management platforms to improve the efficiency of urban infrastructure and operations.

Lite-On Technology stated that, leveraging its core power management technology, it has successfully expanded to data center-level system solutions, launching a complete solution integrating AI server power supplies, racks, and liquid cooling systems, marking a significant milestone in Lite-On's transformation. (Source: MoneyDJ)

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