EXPANSION AND DIVIDENDS:The company sees India as a promising market, but has no plans to build a factory there. It also plans to maintain its cash dividend policy
Date: Jun 11, 2015
By: Lauly Li / Staff reporter, in TAICHUNG
Largan Precision Industry Co (大立光) yesterday said sales for next month would be higher than this month, thanks to increasing orders from clients.
“This month’s sales are likely to stay flat from last month, but the figure will pick up next month,” Largan chief executive officer Adam Lin (林恩平) told a media briefing after the annual shareholders’ meeting held at the company’s headquarters in Taichung.
Largan manufactures lenses used in cameras for smartphones and information technology products and it counts Apple Inc among its main clients. Smartphone camera lenses account for more than 80 percent of the firm’s total revenue. [FULL STORY]