Analysts hail Largan-Samsung deal

COMPLICATED DESIGN:An anticipated collaboration with Samsung would consolidate Largan’s industry position, as the firm already has orders from other major manufacturers

Taipei Times
Date: Dec 03, 2016
By: Lauly Li / Staff reporter

Largan Precision Co (大立光), Taiwan’s leading smartphone camera lens supplier, is likely to again receive orders from Samsung Electronics Co after the South Korean company settled a patent dispute with Largan, analysts said.

“The victory in the three-year-long lawsuit is no doubt positive news for Largan’s operations in the long term,” Yuanta Securities Investment Consulting Co (元大投顧) analyst Jeff Pu (蒲得宇) said by telephone yesterday.

Pu’s remarks came after Largan filed a statement with the Taiwan Stock Exchange yesterday, saying that it has reached settlements with Samsung and Taiwan’s Genius Electronic Optical Co (玉晶光) over Largan’s patent rights.

Largan declined to disclose the details of the settlements, as it inked confidentiality agreements with the two companies.    [FULL  STORY]

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