Lite-On Technology's March Revenue Reaches NT$16.4 Billion, Up 23% YoY, Hitting Over 7-Year High
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Lite-On Technology reported March revenue of NT$16.4 billion, a 23% year-on-year increase and a new high in over 7 years, driven by strong demand for AI and cloud computing server power supplies, BBUs, and optoelectronic semiconductors. The Cloud & IoT segment saw revenue grow by over 50% YoY, accounting for 53% of total revenue.