Lite: profit this year is expected to continued upward

Lite on technology yesterday held a shareholders' meeting, by 2.24 yuan per share dividend allotment (NT below), with 24 closing price to calculate the yield of about 5%, Lite branch chairman Song Gongyuan said, the second half profit is expected to continue upward, and the performance will be better than the first half.

Lite on technology through the allotment of 2.19 yuan per share cash dividend and stock dividend 0.05 yuan yesterday at a shareholders meeting, allotment rate and cash yields were 72% and 5%, to maintain a high matching policy consistent over the years, will also pass through the election of directors, 4 independent directors Zhang Xiaowei, Yang Yaowu, Wu Guo Feng and Xue Mingling the successful election.

Development of cloud medical vehicle LED

The last technology operating performance, Song Gongyuan said that although the company's revenue decline 6%, but profit is steadily rising, mainly in new business development as expected. In the future, Song Gongyuan pointed out that this year is expected to maintain profit growth, in addition to Lite will continue to strengthen the existing production advantage and operation physique, will actively participate in the development of new applications, multi-faceted to build sustainable growth power, achieve transformation and upgrading development goals.

But Song Gongyuan also analysis the current challenging global environment, especially in the global mobile phone market saturation, the slowdown in sales, but fortunately, cloud computing technology in medical materials, car LED and other new business development, working on some investment, so this year is expected to continue to profit.

Lite on technology CEO Chen Guangzhong for the second half of the operation is cautiously optimistic, expected in the second half comprises a power supply, server chassis, storage devices and other products will be robust in the cloud application performance.

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