Largan reports 23-month sales high on phone ordersStaff writer, with CNALargan Precision Co (大立光), a supplier of smartphone camera lenses to Apple Inc, on Saturday reported that its sales for last month are its highest in 23 months after new phone launches increased orders. The company posted NT$5.21 billion (US$161.88 million) in consolidated sales, up 24 percent from a year earlier and also up 2 percent from a month earlier, it said in a statement. Last month’s sales were the company’s highest since November 2020, when its revenue was NT$5.24 billion, company data showed. Lenses with a resolution of 20 megapixels or more — a higher-margin product and one of Largan’s specialties — accounted for 10 to 20 percent of Largan’s sales last month, the company said. Sales for this month are expected to remain little changed from last month as clients continue to launch new smartphones, Largan said.

Source: Taipei Times November 06, 2022 23:32 UTC