Largan monthly sales slump 30 percent

COMPETITION:As camera image quality has become a key factor for consumers when choosing handsets, 10-megapixel lenses have become analysts, the company said

Taipei Times
Date: Feb 06, 2017
By: Staff writer

Largan Precision Co (大立光), Taiwan’s leading smartphone camera lens supplier, saw last month’s sales decline 30.15 percent from December last year, according to a statement posted on the company’s Web site yesterday.

Consolidated revenue fell from NT$5.45 billion in December last year to NT$3.804 billion (US$175.5 million), but the figure was still 17.88 percent higher than the NT$3.23 billion posted in January last year, the company said.
The Taichung-based firm — whose customers include Apple Inc, Sony Corp, LG Electronics Inc and Huawei Technologies Co (華為) — had earlier said that last month’s revenue would fall on seasonal factors, such as the Lunar New Year holiday.
However, Largan chief executive officer Adam Lin (林恩平) told a teleconference on Jan. 12 that combined revenue for last month and this month could outpace those of the same period last year, due to increasing demand for dual camera lenses.    [FULL  STORY]

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