Gross margin fell to the lowest level on a quarterly basis since 2015, according to data provided by the Taichung-based handset camera lens maker. 8P refers to a camera lens module that contains eight thin layers of plastic pieces. The firm is also developing “double freeform” optical lenses that would solve proportion issues that cause some people in a photograph to appear larger than others. Lin, who seldom comments on stock prices, said that Largan is contemplating stock buyback programs. While handset lenses remain Largan’s mainstay products, the company is also expanding into augmented and virtual reality, and automotive camera lens markets, he added.

Source: Taipei Times October 07, 2021 15:56 UTC