Lite-On reports record third-quarter profit as AI revenue exceeds 30%

T2Covered by 1 source · first reported by DigiTimes (headlines) at 01 Nov, 19:19 UTC

Lite-On Technology reported record net profit for the third quarter of 2026 as demand for AI infrastructure boosted its cloud and power businesses. The Taiwanese electronics supplier posted consolidated revenue of NT$57.4 billion (US$1.8 billion), up 9% quarter-over-quarter and 28% year-over-year…