Consolidated revenue was NT$4.11 billion (US$136.31 million) last month, Largan said. Lenses with a resolution of 8 megapixels contributed between 10 and 20 percent of Largan’s shipments last month. Largan is to launch a new plant in the Taichung Industrial Park (台中工業區) this year, with construction expected to be completed by the end of 2023. Huang predicted a 40 percent sequential decline in Largan’s revenue this quarter if the virus continues to spread through next month. “Nonetheless, Huawei Technologies Co (華為) has already resumed its production and increased its orders to Largan,” he said, dismissing concerns over declining smartphone sales in China.

Source: Taipei Times February 05, 2020 15:56 UTC