Lite-On

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Lite-On Technology Corporation
Public
Industry Data storage devices
Founded 1975; 42 years ago (1975)
Headquarters Taipei, Taiwan
Key people
Raymond Soong (Chairman), David Lin (CEO)
Products Computer components, consumer electronics
Revenue NT$ 16.7 Billion
Website www.liteon.com

Lite-On (also known as LiteOn and LiteON) is a computer storage devices company of individual companies (primarily Taiwanese) that primarily manufacture consumer electronics, including LEDs, semiconductors, computer chassis, monitors, motherboards, DVD, and 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.

History[edit]

Lite-On was started in 1975 by several Taiwanese Texas Instruments ex-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 were soon to follow.

In 1983 Lite-On Electronics issued initial public offering as the first technology company listed on the Taiwan Stock Exchange with Stock Code 2301.[1] In 2003 Lite-ON appoint Dragon Group as their sole distributor in Indonesia. In 2006 Lite-On IT Corporation acquired BenQ Corporation's Optical Disk Drive Business to become one of the top 3 ODD manufacturers in the world.[1]

In March 2007, Lite-On IT Corporation formed a joint venture with Koninklijke Philips Electronics N.V. for their optical disc drive division as Philips & Lite-On Digital Solutions Corporation (PLDS).[2][3]

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