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Multinationals settle regional headquarters in Hongqiao CBD
Lite-On
Representative of Lite-On Technology (Shanghai) Co Ltd receives certificates to set up regional headquarter in Shanghai on Dec 7. [Photo/provided to chinadaily.com.cn]
Lite-On Technology is a leading provider of innovative products for both global and domestic markets, including imaging products, enclosures, power supplies and LEDs. Lite-On's primary objective is to be number one in its industry in Taiwan and in the top three in the global market. The Taiwan-based company Lite-On Technology established its regional headquarters in the Shanghai Hongqiao Central Business District.
Lite-On has ranked No.1 in market share in LED industry for the past 30 years. Among Lite-On's LED products photo-couplers occupy a 14 percent market share globally. Lite-On is also the world’s largest notebook adapter manufacturer, holding a 60 percent global market share. The company also has major products including projector power supplies, phone camera modules, keyboards, and enclosures, all of which have large global market shares.
Lite-On Technology has earned significant recognition from foreign institutional investors during the past two years. Foreign holdings of Lite-On shares have increased to around 50 percent.
Currently, the Lite-On company has nearly 40,000 employees and 48 factories worldwide, with its global headquarters located in Taiwan.