Editing Lite-On

{{Short description|Taiwanese electronics company}}
{{Multiple issues|{{Update|date=May 2021}}
{{More citations needed|date=May 2012}}|collapsed=yes|section=y}}

{{Infobox company
| name             = Lite-On Technology Corporation
| logo             = File:Liteon logo.svg
| image            = Lite-On Technology Building 20150723.jpg
| image_caption    = [[Lite-On Technology Center]] (光寶科技大樓)
| type             = Public
| traded_as        = {{TSE|2301}}
| industry         = Consumer Electronics 
| foundation       = {{start date and age|1975}}
| location_city    = [[Taipei]]
| location_country = [[Taiwan]]
| key_people       = Tom Soong (Chairman), Anson Chiu (CEO)
| products         = Computer components, [[consumer electronics]]
| revenue          = $4.25 billion (USD)
| operating_income =
| net_income       =
| num_employees    =
| subsid           =
| footnotes        =
}}

'''Lite-On''' (also known as '''LiteOn''' and '''LiteON''') is a Taiwanese company that primarily manufactures consumer electronics, including [[LED]]s, [[semiconductor]]s, computer chassis, [[Computer monitor|monitors]], [[motherboard]]s, [[optical disc drive]]s, and other electronic components.  The Lite-On group also consists of some non-electronic companies like a finance arm and a cultural company.

==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&nbsp;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>

==See also==
* [[List of companies of Taiwan]]

==References==
{{Reflist}}

==External links==
{{Commons category|Lite-On Technology}}
* {{Official website}}
* [https://us.liteon.com/en-global/Welcome/Landing_page Components, trading, and service site (US)] 
* [http://www.pldsnet.com/ PLDS new site]

{{DJSI World}}
{{Authority control}}

[[Category:Companies based in Taipei]]
[[Category:Electronics companies established in 1975]]
[[Category:Computer hardware companies]]
[[Category:Computer storage companies]]
[[Category:Computer systems companies]]
[[Category:Electronics companies of Taiwan]]
[[Category:Taiwanese brands]]
[[Category:1975 establishments in Taiwan]]
[[Category:2020 mergers and acquisitions]]