Largan, Catcher see profits in slowdown

BRIGHT SPOT: Largan said most shipments are still higher-priced lenses. Analysts expect Huawei and Apple to launch triple-lens camera phones next year, driving industry adoption

Taipei Times
Date: May 07, 2018
By: Kevin Chen  /  Staff reporter

Largan Precision Co (大立光) and Catcher Technology Co (可成) on Saturday reported rising revenue for last month from March, after most companies in the handset components sector reported weak first-quarter results amid the sluggish global smartphone market.

As leading suppliers in the global handset supply chain, the two companies’ revenue streams are closely monitored by market watchers to determine whether the smartphone market will follow expectations and show a recovery this quarter, or deteriorate faster than expected.

Handset camera lens maker Largan reported better-than-expected revenue for last month on the back of a continued improvement in yield rates and favorable product trends.    [FULL  STORY]

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