TECHNOLOGY LEADER: The firm reported record revenue of NT$60.75 billion for the whole of last year, and plans to release its Q4 earnings results on Thursday

Taipei Times
Date: Jan 06, 2020
By: Chen Cheng-hui  /  Staff reporter

Largan Precision Co (大立光) yesterday reported a 58.04 percent increase in consolidated revenue for last month from a year earlier to NT$5.099 billion (US$169.37 million), but a decline of 23.38 percent from November, ending four consecutive months of gains.

Last month’s figure was the lowest since June last year, when it stood at NT$4.08 billion, as the industry has entered its slow season, and was also a result of the soft order pull-in by Apple Inc and Chinese smartphone vendors, analysts said.

Its 20-megapixel lenses and high-end models, which command higher prices, accounted for 20 to 30 percent of its total sales last month, while its 10-megapixel lenses made up 40 to 50 percent and 8-megapixel lenses 10 to 20 percent, the Taichung-based smartphone lens set supplier said in a statement.

Largan is the world’s largest supplier of handset lens sets, focusing on high-end products for Apple’s iPhone and Android phone vendors, such as Huawei Technologies Ltd (華為) and Samsung Electronics Co.    [FULL  STORY]