Lite-On positive about its outlook - Taipei Times

‘MATTER OF TIME’:

The company is optimistic about opportunities driven by AI PCs, with president Anson Chiu saying they would become ‘everyone’s assistant’

By Meryl Kao / Staff reporter

Lite-On Technology Corp (光寶科技) is positive about its outlook for the second half of this year, given robust demand and capital expenditure, company president Anson Chiu (邱森彬) said yesterday.The company is focused on improving profitability this year on artificial intelligence (AI)-fueled demand, aiming to lift earnings per share above last year’s NT$6.64, Chiu said on the sidelines of the Computex trade show in Taipei.Shipments of AI-related products — including power shelves, power racks and integrated rack solutions for AI servers — are expected to accelerate in the second half of the year and account for 30 percent of the company’s total revenue this year, he said.

Lite-On Technology Corp president Anson Chiu, center, and others pose for a photograph at the company’s booth at the Computex trade show at the Taipei Nangang Exhibition Center yesterday.