Business Services Industry
Right on, Lite-On.
Australasian Business Intelligence, March, 2003
Mar 26, 2003 (Far Eastern Economic Review - ABIX via COMTEX)
Raymond Soong has decided to consolidate the operations of his Lite-On Group, a conglomerate of several companies and their subsidiaries. The four listed affiliates of the company have been combined into one entity, Lite-On Technology. The new company made $US3.96 billion in revenue in 2002. Its size places it among South Korea's biggest companies. Lite-On Technology is the third largest contract manufacturer of electronics equipment, after Hon Hai Precision Industry and Quanta Computer. The company specialises in making printers, flat-panel monitors, DVD players and mobile telephones for such clients as Dell, Hewlett-Packard, Sony Ericsson and Alcatel.
Publication Date: 27 March 2003...
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