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September 24, 2017

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After record sales in Dec., Largan revenues dip 23.96% in January

TAIPEI, Taiwan -- Largan Precision Co. announced yesterday the company's operating results for January, which saw a 23.96 percent month-on-month decline from record high sales recorded last December.

The mobile device camera lens and module supplier attributed the decline to the traditional low season, adding that the outcome is within its expectations, and improved by 8 percent year-on-year.

Meanwhile, the market is rife with rumors that as Apple's largest supplier, Largan's prospects may be buoyed by the American company's upcoming iPhone 6 handset. According to reports, the iPhone 6 may feature a higher end 13 megapixel camera module with an F/1.8 aperture lens.

The company stated that throughout January, camera modules higher than 8 megapixels made up the bulk of sales at 30 to 40 percent of overall sales, with 5 megapixel modules and lower end modules 1 megapixel and up representing 20 to 30 percent of revenues respectively. Higher end modules 10 megapixel and up contributed 20 to 30 percent to January revenues, the company said.

Although shipping volume of higher end camera modules 10 megapixel and up are expected to remain relatively low relative to overall sales, the product niche will continue growing as more handset makers adopt upgraded hardware specifications.

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