Largan shipments plunge to lowest since summer - News Summed Up

Largan shipments plunge to lowest since summer


Largan shipments plunge to lowest since summerStaff writer, with CNASmartphone camera lens supplier Largan Precision Co’s (大立光) sales rose 12.34 percent year-on-year last month, but declined 6.18 percent from December last year amid a slow season for the industry, the company said in a statement on Friday. The headquarters of Largan Precision Co is pictured in Taichung on June 12, 2018. Photo: Chen Mei-ying, Taipei TimesHowever, Largan said that lenses with a resolution of 20 megapixels or greater, which have a higher profit margin, accounted for 20 to 30 percent of shipments last month, up from 10 to 20 percent in December. Lenses with 10 to 20 megapixels accounted for 50 to 60 percent last month, and lenses with less than 10 megapixels accounted for 10 percent, Largan said. At an investors’ conference last month, Largan CEO Adam Lin (林恩平) said that the company’s business outlook remained cautious, as uncertainty over the course of the COVID-19 pandemic affected high-end smartphone demand.


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



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