Lite-On Group (2301) recently organized the division of labor and adjustment, the newly promoted vice chairman Lin Xingxian said that Lite-On will lock in new energy, new kinetic energy and new light source as the three major growth axes, and will challenge NT$82 billion in 2013. Revenue, accounting for 20-25% of the Group's total revenue
According to Lin Xingxian, the "Guangbao Power Storage Company" under the Lite-On Group has cut into the charging station field of electric vehicles and has made progress in "fast charging". Now it has obtained a local case in Stockholm. In terms of solar power plants, in addition to obtaining orders in Italy, a new case in Beijing is expected to be won. As for the car headlights for LEDs, "it is even more of a first-line car manufacturer."
Chairman Song Gongyuan stressed that in the future, in addition to the existing product line, the Lite-On Group will have to increase its market share and extend its new product line. He pointed out that the Group’s total revenue estimate for 2010 will reach NT$2,000. Over 100 million yuan, and the heads of various departments of the company will strive to grow by 20% per year. Therefore, it is expected that there will be an opportunity to see NT$400 billion by 2013.
It is understood that the "new light source" of Lite-On Group is LED-based. The revenue target for 2010 is NT$18.5 billion. In 2013, it will grow to NT$50 billion. In the "new kinetic energy" aspect of "automotive electronics", Guangbao Branch, Dunyang and Huihui of the Group have entered the market. The revenue in 2010 is about NT$5 billion. The target for 2013 is NT$23 billion. And grew 3.6 times. As for another electric vehicle charging station that is also a "new kinetic energy", it is hoped that it will achieve NT$5 billion in revenue within three years and NT$10 billion in five years.
Related stock price 2010/09/02 - 10:41 Lite-On TWD 37.90 (+1.74%)

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