Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
Lite-On
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
==History== 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.<ref name="liteon.com">{{cite web | url=http://www.liteon.com/Page.aspx?id=99541f27-4f04-478d-a39b-4d064ce98a74 | title=LITE-ON Technology Corporation }}</ref> 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.<ref name="liteon.com"/> In March 2007, Lite-On IT Corporation formed a joint venture with [[Philips|Koninklijke Philips Electronics N.V.]] for their optical disc drive division as Philips & Lite-On Digital Solutions Corporation (PLDS).<ref>{{cite web|url=http://www.liteonit.eu/en/news-and-events/lite-on-it-corporation-and-philips-to-join-hands-in-optical-storage-market.html|title=Lite-On IT Corporation and Philips to join hands in Optical Storage market|publisher=|accessdate=20 March 2017}}</ref><ref>{{cite web|url=http://www.pldsnet.com/econtent/about/company.php|title=Philips & Lite-On Digital Solutions Corp.|publisher=|accessdate=20 March 2017}}</ref> [[Kioxia]] (formerly Toshiba Memory) announced on August 30, 2019, that it signed a definitive agreement to acquire Lite-On's [[Solid-state drive|SSD]] business for {{USD|165 million}}. The transaction closed in 2020.<ref name="ZD-20190902">{{cite web |last1=Duckett |first1=Chris |title=Toshiba Memory picks up Lite-On SSD business in $165 million deal |url=https://www.zdnet.com/article/toshiba-memory-picks-up-lite-on-ssd-business-in-165-million-deal/ |website=ZDNet |accessdate=20 November 2019 |date=2 September 2019}}</ref><ref>{{cite web |url=https://www.businesswire.com/news/home/20200630005401/en/Kioxia-Complete-Acquisition-LITE-ON-Technology%E2%80%99s-SSD-Business |title= Kioxia to Complete Acquisition of LITE-ON Technology's SSD Business |date= June 30, 2020 |accessdate= July 2, 2020}}</ref>
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)