Liteon Technology's June global consolidated revenue hit 18.7 billion yuan, marking an 8% month-on-month and 37% year-on-year increase. This growth was primarily fueled by strong demand for power management systems, including high-end server power supplies for AI and cloud computing, and high-efficiency backup battery systems (BBU). Accumulated consolidated revenue for January to June reached 96.1 billion yuan, up 25% year-on-year.
Robust demand for AI server power supplies and backup battery systems is driving revenue for component suppliers, indicating continued compute infrastructure expansion.