Lite-On Technology invests NT$33.7 billion in US and Vietnam, Q1 is the bottom for the year
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Lite-On Technology is investing US$919 million in the US and US$149 million in Vietnam to expand its AI business, reinforcing its production capacity to meet the growing demand for AI server power units. The company plans to accelerate the mass production and shipment of its 800VDC Power Rack to the fourth quarter of 2024, ahead of schedule.