Lite with 100 thousand LED lights orders, until the second half performance better

Lite, chairman Song Gongyuan yesterday (22) said that the transformation of Lite group focus on upgrading the profitability, lock cloud computing, LED lighting, automotive electronics, bio medicine, industrial automation and other five things (IoT) applications, and for the first time with the Middle East 100 thousand street LED road lamp orders, forecast the second half of the operation will be more than the first half of the performance is better.

Lite on the shareholders' meeting held yesterday, Song Gongyuan said, to become the Lite hundred enterprises, the key is to continue to ascend to the customer and social value. The ICT industry is in a new era of paradigm shift, in the past a lot less kind of foundry industry model has been declining, and shorter product life cycle, technology or traditional industries have combined with IoT transformation, the electronics industry must upgrade.

Lite Group Chairman Song Gongyuan

Lite shareholders often through allotment of 2.92 yuan (NT) cash dividend, stock rate and cash yields were 72% and 5.8%, still maintain a high matching policy.

Lite vice chairman and chief executive Chen Guangzhong said that this year, LED growth including cloud spindle components, automotive and outdoor lighting etc.. The recent Lite LED street lamps in the standard case came news, in addition to the market in North America and China in Taiwan, also got the Middle East Jordan Street standard, total orders over 100 thousand single, this is the first time to enter the Middle East market Kuangpao, has started a small ship, is expected in the third quarter, the fourth quarter volume.

Automotive lighting is another growth momentum, Lite pointed out that in addition to the taillights, brake lights, has started from the beginning of the layout of headlights, lamp, lamp and future extension near the high beam light etc.. In addition, the second half of the expansion of the 3D sensing module, mainly to increase handheld devices, wearable devices and security products capacity.

Lite, began shipping self driving video camera, to supply spare parts factory with five car top.

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