The former and Lite-On Technology Corporation gathered some elite scientist and engineers from ITRI (Industrial Technology Research Institute) in 1995 to start an optical storage research and manufacturing business. To focus on the optical drive industry, Lite-On IT was spun separate company in 1999, listed in Taiwan in 2001, and was listed on the Taiwan Stock Exchange on Nov. 5, 2004.
In 2002 Lite-On IT added a new business unit, Digital Consumer, to leverage our core competencies in optical storage from the IT industry in the consumer space. A third business unit, Automotive Electronics, was added in 2006 to focus on optical devices for the burgeoning automotive entertainment market.
PLEXTOR is a world-leading developer of award-winning solid state drives, and other high-performance digital storage devices for professionals, consumers, and enterprises. The PLEXTOR brand of storage and multimedia products is owned by Shinano Kenshi of Japan.