Largan’s January sales down 19%; Catcher’s down 9.9%

Focus Taiwan
Date: 2016/02/05
By: Han Ting-ting and Frances Huang

Taipei, Feb. 5 (CNA) Largan Precision Co. (大立光), a smartphone 201602050028t0001camera lens supplier to Apple Inc., said that slow seasonal effects continued to push down its sales by 19 percent in January from a month earlier.

Also affected by the cyclical slowdown in the industry was Catcher Technology Co. (可成), a metal casing supplier for Apple, which saw its sales for January fall 9.9 percent from a month earlier.

Largan posted NT$3.23 billion (US$96.4 million) in consolidated sales in January, down 19 percent from December. Largan’s January sales also fell 20 percent from a year earlier.     [FULL  STORY]

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