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Corporate Information Lite-On IT Corporation is part of the Taiwanese Lite-On Group, which consists of nine consolidated companies. Lite-On Group is a world leading company in digital convergence (3Can: Computer, Communications, and Consumer electronics) employing 35,000 people worldwide. Lite-On Group has 45 factories, 29 branch offices, and 4 R&D centers worldwide and generated total revenue of approximately 5 Billion USD in 2008.
The roots of Lite-On IT lie in Taipei, Taiwan, where Lite-On Electronics Inc. was founded in 1975. Back then the core business consisted of production of clock-display LEDs. Because LED (Light Emitting Diode) formed the mainstay of Lite-On in the early years, the English word "Light" inspired the corporate name. In the twenty years that followed, Lite-On gradually expanded its business throughout the Asian Pacific region to become a respected Taiwanese manufacturer with various established subsidiaries that form Lite-On Group today. Company Profile Lite-On IT started off as a business unit within Lite-On Technology Corporation in 1995. By that time the market for Optical Disc Drives (ODD) was growing very fast, and to be able to play a significant role in this, Lite-On Technology decided to establish a dedicated business unit to produce high quality CD-ROM drives. A large manufacturing facility was established in China to meet all demands and Lite-On soon became Taiwan's biggest CD-ROM drive manufacturer, and top three worldwide. Due to the growing success in the ODD market, Lite-On IT transformed from a relatively small business unit to an independent subsidiary of Lite-On Group, producing over 1 million drives per month. In 1999, the foundation of Lite-On IT Corporation as the youngest member of the Lite-On Group was a fact. Besides headquarters in Taipei, branch offices were established in the United States (California) and Europe (The Netherlands). In the years to follow, Lite-On IT continued its growth in the ODD business, by setting extensive distribution networks in the United States and Europe. With the introduction of more ODD products, like CD-RW, DVD-ROM, COMBO, DVD-RW, and the next generation Blu-ray drives, Lite-On IT increased its production from 1 million drives per month in 1999, to average 5 million drives per month in 2005. Lite-On continued to expand its market position. In April 2006, Lite-On IT acquired BenQ’s ODD business brought us to global #2 position in the industry, and commenting our position as the world’s largest OEM/ODM optical disc drive manufacturer.
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