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Lite-On
From Wikipedia, the free encyclopedia
| Lite-On | |
|---|---|
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| Type | Public |
| Founded | 1975 |
| Headquarters | Taipei, Taiwan, R.O.C. |
| Key people | Raymond Soong (Chariman), David Lin (CEO) |
| Industry | IT / Consumer electronics |
| Products | Computer Components / Consumer Electronics |
| Revenue | NT$ 16.7 Billion |
| Website | www.liteon.com |
Lite-On (also spelled: LiteOn and LiteON) is a conglomerate of individual companies (primarily Taiwanese) that primarily manufacture consumer electronics, including LEDs, semiconductors, computer chassis, monitors, motherboards, DVD & CD devices, and other electronic components. The Lite-On group also consists of some non-electronic companies like a finance arm and a cultural company.
Lite-On Group is the parent organization for all individual Lite-On divisions and companies. Each division is independent and made of quasi-independent companies (based on country).
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Lite-On was started in 1975 by several Taiwanese ex-Texas Instruments employees. The original line of business was optical products (LEDs). They then branched out into computer power supplies by starting the Power Conversion Division. Other divisions/companies were soon to follow.
Lite-On, for the most part, manufactures only OEM parts (computer power supplies, CD/DVD drives, chassis, motherboards, LCD monitors, keyboards, modems and networking products). These parts are labeled with the OEM's name and sold by the OEM.
Lite-On does manufacture and retail some products under their own name, LEDs and CD/DVD products.
This division of Lite-On manufactures computer components for OEM computer manufacturers. These include chassis, LCD monitors, motherboards, networking devices, keyboards and power supplies.
In 2006, Lite-On IT acquired BenQ's Optical Disc Drive (ODD) business to become the second largest optical disc drive manufacturer in the world.
In February of 2007, the European Union approved Lite-On's buy into the Philips-BenQ joint venture on digital storage. Lite-On bought out the BenQ shares under the deal and the joint venture was renamed Philips & Lite-On Digital Solutions.
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