Lite-On Technology (TPE:2301) expects a stronger second half of this year on AI-fueled demand and higher capital spending, Taipei Times reported Wednesday, citing the company's president.
The Taiwanese electronics manufacturer targets an earnings per share higher than last year's NT$6.64, company president Anson Chiu reportedly said on the sidelines of a Taipei trade show.
AI-related products, including server power and cooling solutions, are expected to make up about 30% of revenue this year, Chiu was quoted as saying.
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