HYBRID LENSES: Largan has downplayed concerns over technology competition, saying that glass-plastic lenses are more attractive to the automotive parts industry

Taipei Times
Date: Jan 12, 2018
By: Lisa Wang  /  Staff reporter

Largan Precision Co (大立光), which supplies camera lenses for Apple Inc’s iPhone series, yesterday posted a record-high quarterly profit backed by a stronger-than-expected gross margin.

It credited the gains to shipping more higher-priced premium lenses with improved resolution and apertures.

However, momentum started dwindling last month as slow season affects weighed on mobile phone shipments from clients.

The weakness is likely to extend into this quarter, Largan said.    [FULL  STORY]