Lite-On eats the big LED street light in the Middle East, and operates better in the second half of the year

Song Baoyuan, chairman of Guangbao Branch, said yesterday (22) that the transformation of Lite-On Group focused on improving profitability and locked in the five Internet of Things (IoT) applications such as cloud computing, LED lighting, automotive electronics, biomedical and industrial automation. Winning orders for 100,000 LED street lights in the Middle East, it is estimated that the second half of the year will perform better than the first half.

Lite-On held a shareholder meeting yesterday, Song Gongyuan said that Lite-On is committed to becoming a century-old enterprise, and the key is to continuously enhance the value brought to customers and society. The telecom industry is in a new era of paradigm shift. In the past, a large number of small-scale OEM models have been reduced, industry and product life cycles have been greatly shortened, and technology or traditional industries have combined with IoT to transform, and the electronics industry must be upgraded.

♦ Song Gongyuan, Chairman of Guangbao Group

Guangbao shareholders often distribute a cash dividend of 2.92 yuan (NT), with a ratio of 72% to 5.8%, respectively, and maintain a high allotment policy.

Chen Guangzhong, vice chairman and chief executive officer of Lite-On, said that this year's growth spindle includes cloud, LED components, automotive and outdoor lighting. Recently, Lite-On has reported a good news in the LED streetlights. In addition to the North American and Taiwanese markets, it also received the streetlights of Jordan in the Middle East. The total order volume exceeded 100,000 baht. This is the first time that Lite-On has entered the Middle East market. Small shipments have begun and are expected to increase in the third and fourth quarters.

Automotive lighting is another growth kinetic energy. Guangbao pointed out that in addition to taillights and brake lights, the field of headlights has been deployed. Starting from the running lights, the near-lights and high-beam lights will be expanded in the future. In addition, the 3D sensing module will be expanded in the second half of the year, mainly to increase the production capacity of handheld devices, wearable devices and security products.

Guangbao Branch began to ship self-driving image lenses and supplied them to the top five automotive component factories in the world.


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