Lite-On Technology (2301) investor relations material

Executive summary

• Cloud business and AIoT segments drove strong revenue and profit growth, with optimism for continued expansion as AI cloud computing products launch and customer budgets increase.

• Q4 2025 sales reached NT$44.4 billion, up 16% year-over-year, with Cloud & AIoT segment delivering over 30% annual growth.

• Production capacity more than doubled in Taiwan and Vietnam, with further investments planned in Kaohsiung, Vietnam, and North America to meet global AI computing demand.

• Acquisition of U-MEDIA Communications to accelerate 5G+ and AI RAN development, enhancing the product ecosystem for international telecom customers.

• AI share of revenue exceeded 20% in 2025 and is projected to reach or surpass 30% in the coming year, driven by new high-value products and solutions.

Financial highlights

• Q4 2025 revenue was NT$44.4 billion, up 16% year-over-year; gross profit NT$9.63 billion (21.7% margin), operating profit NT$4.65 billion (10.5% margin), net profit NT$3.86 billion; EPS NT$1.7, up 27% year-over-year.

• Full-year 2025 revenue reached NT$166.1 billion, up 21% year-over-year; gross profit NT$38.0 billion (22.9% margin), operating profit NT$16.7 billion (10.1% margin), net profit NT$15.1 billion; EPS NT$6.64, up 27% year-over-year.

• High-value businesses accounted for 62% of 2025 revenue, up from 51% in 2021.

• Cloud-related business achieved over 70% revenue growth, driven by AI server power management and energy storage solutions.

Outlook and guidance

• Optimistic outlook for both year-over-year and quarter-over-quarter growth in Q1 2026, driven by new generation platforms and power management upgrades.

• AI revenue share expected to reach 30% or higher, with new products such as the 110kW power shelf and 800VDC solutions entering mass production.

• Continued investment in production capacity and R&D to support growth in AI and high-power infrastructure.

• Expansion of 5G and AI-RAN integration, with enterprise deployments in Europe, Taiwan, Japan, and South Korea.