Lens maker Largan among those expecting rebound after modest March sales gain
Nikkei Asian Review
Date: April 12, 2019
By: Cheng Ting-Fang, Nikkei staff writer
TAIPEI — Taiwanese electronics manufacturers rebounded in March from the industry’s
New Huawei phones unveiled in France last month have given a boost to Taiwanese parts makers. © Reuters
worst monthly revenue in three years, lifted by demand from Huawei Technologies, Oppo, Google, Amazon and other buyers besides Apple.
Total revenue at 19 Taiwanese tech companies tracked by the Nikkei Asian Review as a barometer of global electronics demand advanced 2.32% on the year in March to 915.87 billion New Taiwan dollars ($29.7 billion). This followed a nearly 2.5% decline on the year in February.
Adam Lin, CEO of high-end lens maker Largan Precision, expects orders to pick up in the coming months. The company counts Huawei as a major customer. [FULL STORY]
