July 24, 2014 1:53 PM ET

Electronic Equipment, Instruments and Components

Company Overview of Lite-On Mobile Oyj

Company Overview

Lite-On Mobile Oyj designs, manufactures, and assembles mechanical and electronic modules for telecommunications and electronics industries. It offers products in various categories, such as plastics and decorations, metals and decorations, antennas and RF modules, touch panels, glass and window, opticals and light, sub-assemblies, electronic manufacturing services, mechanisms, camera modules, and keymats. The company was formerly known as Perlos Oyj. The company was founded in 1953 and is headquartered in Vantaa, Finland. It has locations in Brazil, China, Finland, India, Korea, Singapore, Sweden, and Taiwan. As of October 22, 2007, Lite-On Mobile Oyj operates as a subsidiary of Lite-On Tec...

Äyritie 8 A

Vantaa,  01510

Finland

Founded in 1953

5,350 Employees

Phone:

358 9 250 071

Fax:

358 9250 07208

Key Executives for Lite-On Mobile Oyj

Chief Executive Officer
Co-Founder
Compensation as of Fiscal Year 2014.

Lite-On Mobile Oyj Key Developments

Lite-on Mobile Oyj Announces Executive Changes

Lite-on Mobile Oyj replaced Cornelis Martinus Petrus Maria Saris with Peter Chiu, Business Group President of Lite-on Technology corporation as CEO. Effective date is March 21, 2014.

Lite-On Mobile Oyj Appoints Raymond Soong as New Chairman Replacing David Lin

Lite-On Mobile Oyj appointed Raymond Soong as new chairman replacing David Lin, effective August 26, 2013. The change is due to organization adjustment.

Lite-On Mobile Reports Earnings Results for the Fourth Quarter and Full Year 2012; Provides Earnings Guidance for the Year 2013

Lite-On Mobile reported earnings results for the fourth quarter and full year 2012. For the quarter, the company reported revenue of €159 million while posting a gross margin and an operating margin of 9.2% and 2.5%, both sequentially up 1.5% and 0.7% respectively, while net profits reached €0.85 million. The profit growth was mainly attributable to a favorable program mix and a further diversification of customer base. 2012 annual sales revenue was €705 million, maintaining the similar level as last year. Looking ahead, the company is expected to make 2013 more profitable, through expanding its customer base, improving operational efficiency and providing innovative mechanics solutions.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 13, 2014
Lite-On Mobile Pte. Ltd.
 

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