Lite-on
| Lite-On Technology Corporation
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|---|---|
 |
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| legal form | Corporation |
| ISIN | TW0002301009 |
| founding | 1975 |
| Seat | Taipei , Taiwan |
| management |
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| Number of employees | 53,482 (2015) (group, worldwide) |
| sales | approx. 6 billion euros (2015) |
| Branch | Electrical engineering |
| Website | www.liteon.com |
The Lite-On Technology Corporation ( Chinese 光 寶 科技 , Pinyin Guāng Bǎo Kē Jì ) is the leading company of a group of global electronics manufacturers with headquarters and headquarters in Taipei , Taiwan .
The company was best known for its optical drive manufacturing facility, which was established in 1995 and spun off from 1999 to 2014 as an independent subsidiary . The history of Lite-On goes back in part to the year 1975, to a company founded in Taipei to manufacture LEDs. The current group did not come into being until 2002 from the merger of a total of four Taiwanese hardware producers to form the largest Original Design Manufacturer (ODM) in Taiwan at the time. The company has had the rights to the Plextor brand name since 2010 .
history
The current group of companies was created in 2002 through the merger of Lite-On Electronics , GVC Corp. , the specialist in silicone rubber Silitek Corp. and Lite-On Technology Corp. It was agreed to use the name of the latter company. The shares but you preferred that on the Taiwan Stock Exchange of Lite-On Electronics continue assigned number 2301, which was listed among the participating companies by far the longest time.
prehistory
- Lite-On Electronics Inc.
After Lite-On Electronics was founded in 1975, the company started manufacturing LEDs . According to the company, it was the first LED production facility set up in Taiwan. In 1983 the company went public on the Taiwan Stock Exchange under number 2301.
In 1989, the company founded Lite-On Electronics Inc., its first foreign subsidiary in Bangkok , Thailand . A year later, a subsidiary in Penang , Malaysia , with the same name , focused on the manufacture of switched-mode power supplies . One area in 1991 by buying a company from NPE established development and production site for power supplies in Ashington , Northumberland in the UK was further expanded. British production started in the same year under LITE-ON (npe) Ltd. ; in October 1993 the company name was changed to LITE-ON Ltd. shortened.
- GVC Corporation
The GVC Corp. was a supplier of various components. Initially the focus was on analog modems , but GVC soon began producing cell phones and portable CD and MP3 players . In addition to producing under its own brand, GVC worked as a supplier and contract manufacturer for computer and telecommunications equipment suppliers such as Alcatel .
- Silitek and Silitech Technology Corp.
The Silitek Corp. formed a silicone rubber division in 1978 and began supplying the automotive industry in 1983. In 1990 she founded the subsidiary SILITEK Corporation Sendirian Berhad in Malaysia and began manufacturing buttons and components for mobile phones in 1993. In 1994 she founded SILITECH Technology (Europe) . In the Chinese special economic zone Shenzhen it produced under the company XURONG Electronic . In 2001 the company was reorganized with the establishment of the Taiwanese SILITECH Technology Corporation , with Silitek's silicone rubber division being transferred to the new company in 2002.
- Lite-On Technology Corp.
Founded in 1989, Lite-On Technology Corp. 110 million Taiwan dollars in the production of color screens with cathode ray tube (CRT). In 1992, arose with the Lite-On GmbH in Kiel also has a daughter in Germany and 1994 originated in the United States , the Lite-On Technology International Inc. in California .
Working with engineers from the Industrial Technology Research Institute (ITRI) in 1995 at Lite-On Technology Corp. The production of CD-ROM drives that had started was, according to the company, only three years later, the market leader in Taiwan and the fourth largest producer in the world. In 1999 the optoelectronics division was spun off as a legally independent subsidiary, Lite-On IT Corporation .
After the four-party merger (from 2002)
In 2003, the optoelectronics subsidiary Lite-On IT relocated its production site to Guangzhou , China, and started producing DVD burners at the same time. The subsidiary's shares were already publicly traded in 2001, and from November 5, 2004, they were listed on the Taiwan Stock Exchange in addition to the shares of the parent company. In 2006 Lite-On IT took over the previously competing optical drive division of BenQ for the equivalent of 30 million euros. A little later, the 49 percent share of the joint venture Philips & BenQ Digital Storage Corporation formed by BenQ with Koninklijke Philips Electronics NV followed . Under the new name Philips Lite-On Digital Solutions Corporation (PLDS), the joint venture took over the design, development, sales and marketing of the optical drives, while Lite-On IT took over the production. With the global decline in demand for optical drives, the company formed new areas. In addition to a supplier company for the automotive industry that has existed since 2006, the fields of bio-technology and medicine were also created in 2011, which among other things dealt with the development of devices for blood tests. The company entered the field of SSD technology under the name Plextor , to which it acquired the distribution and trademark rights in 2010. Nevertheless, there was a significant decline in business.
In addition to Lite-On IT , the subsidiary Silitech Technology was also listed on the Taiwan Stock Exchange in 2004 . Subsequently, the parent company had enough capital to buy shares in Lite-On Enclosure Inc. , and to expand its shares in Lite-On Automotive International Co., Ltd. to 100%. In addition, the company invested in DragonJet Corp. in 2005 . to technically strengthen their plastics division. In 2006 the group strengthened its power supply division by investing in Li Shin International Enterprise Corporation (LSE) and in 2007 was successful with its bid for Perlos Corporation , the leading manufacturer of housings for cell phones.
After a slump in profits in 2008, the group sold its display production, which had previously been the strongest sales area, to the Taiwanese contract manufacturer Wistron Corporation for the equivalent of 196 million euros .
In 2014, Lite-On Technology Corp. decided to buy back all shares of Lite-On IT available in the open market and to merge their subsidiary back into the main company.
Participations / subsidiaries
(Selection, incomplete)
- current
-
Philips & Lite-On Digital Solutions Corporation (PLDS), Taipei, Taiwan
- Philips & Lite-On Digital Solutions USA, Inc. , Fremont , USA
- Philips & Lite-On Digital Solutions Netherlands BV. , Eindhoven , Netherlands
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Silitech Technology Corp. : Development and production of conductive silicone rubber. In addition, computer peripherals, in particular input devices, keyboards and scanners
- Silitek Corp. , Taiwan
- XURONG Electronic (Shenzhen), China
- former
- Lite-On IT Corp. (1999–2014) : Optoelectronics, especially optical drives. The subsidiary merged with the parent company again in 2014.
Products
- Optical drives: initially CD drives and burners , later also DVD and BD burners .
- Solid state disks under the Plextor brand
- Product images
Lite-ON blank CD-RW74
DVD burner "iHAS324-32Y" from Lite-On IT (November 2009)
DVD combo drive "SOHC-5236K02C" from Lite-On IT
BD-ROM drive "iHOS104-08" from Lite-On IT (January 2010)
Power LED Driver "PA-1101-18TW" from Lite-On Electronic (Europe) Ltd.
Solid-state drive "M8Pe (Y)" from Lite-On under the Plextor brand
_256GB.jpg)
Web links
- Lite-On IT , Optical Drive Subsidiary
- Lite-On Group , website of the group (English)
Individual evidence
- ↑ a b Lite-On Technology . # 1,877 in Forbes : The World's Biggest Public Companies , April 2012, accessed August 6, 2017
- ↑ a b c Milestones ( Memento of the original dated August 7, 2017 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , from the group's website, accessed August 6, 2017
- ↑ Philip Garrahan, John Ritchie: East Asian Direct Investment in Britain , Routledge, 2013. ISBN 978-1-135-29918-7 , page 55
- ↑ LITE-ON LTD. ( Memento of the original from August 7, 2017 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. . In: companieshouse.gov , accessed August 7, 2017
- ^ GVC Corporation, Company Information on D&B Hoovers , accessed August 7, 2017
- ↑ a b Company Overview ( Memento of the original dated August 7, 2017 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. on silitech.com , accessed August 7, 2017
- ↑ a b Milestones , on the Lite-On IT website , accessed on August 6, 2017
- ↑ Volker Zota: Lite-On IT takes over the Optical Data Storage division from BenQ . In: Heise Online , April 10, 2006, accessed on August 6, 2017
- ↑ Hartmut Gieselmann: Lite-On and Philips produce optical drives together . In: Heise Online , January 29, 2007, accessed on August 6, 2017
- ↑ Matthias Parbel: Lite-On has problems with profitability and sells display production . In: Heise Online , May 2, 2008, accessed on August 6, 2017
