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Lite-on IT claims to be No. 2 Optical drive maker in 1H

| Storage News | Posted: Aug 30, 2002 4:47 am

Don't companies love bragging when they take over their rivals? It seems Lite-on IT claims to have over taken Samsung to become the world's second-largest optical-drive maker.. Remember TweakTowners, It's a "claim"

Separately, the company reported a first-half net profit of NT$2.8 billion, or NT$8.98 per share, on sales of NT$21.2 billion. As the profit rate represents 70% of its full-year estimate, Lite-On IT said it may re-evaluate its earnings target at the end of the current quarter. Sales in the coming months will strengthen and stay above the NT$3 billion monthly level, it added, after having hit bottom in June and July.
More info at DigiTimes

 

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