McKinney, Texas — According to state and local development sources, LiteOn plans to invest $919 Million to build out 650,000 square feet of new space in McKinney. The company is creating 600 new jobs at this facility. The company plans to occupy the new space at Core5 Logistics Center in McKinney, on or about October 1, 2027. According to the company website, Founded in 1975, and being the first listed electronics company in Taiwan, LITEON Technology is a world-leading provider of opto-semiconductor, power supply management and key electronic products with global manufacturing facilities. In recent years, with its active deployment in the fields of cloud computing, automotive electronics, 5G, AIoT and optoelectronics, coupled with expansion of new business for smart life, LITEON continues to use its professionalism, rich industrial experience, flexible supply chain management with quick response and diverse worldwide operational centers, has become the best partner of global customers for creating value, innovation, and application of smart technology. For over four decades, LITEON produces products that are used in a broad range of applications, such as cloud computing, automotive electronics, optoelectronics, computers, 5G & AIoT, information technology and consumer electronics while concentrating on establishing competitive advantages to maximize the returns from a diverse product portfolio to realize profitable growths through resource integration and management; LITEONs main business strategy focuses on increasing resource utilization, automation, production optimization, and streamlined processes for better productivity and efficiency; in the long-term, the focus is on realizing profitability, maintaining stable operations as well as enhancing the return of shareholders equity to take root in the sustainable operation of a century-old enterprise.

To learn more, visit http://www.liteon-cips.com/

Company Contact:
LiteOn
3001 Summit Ave. #400
Plano, TX75074
Phone: 469-331-9838
LinkedIn Link: https://www.linkedin.com/company/liteon/

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