Handset camera lens maker Largan Precision Co (大立光) yesterday reported that revenue last month grew 1.9 percent month-on-month to NT$5.12 billion (US$176.4 million), the highest revenue since March.
On an annual basis, revenue decreased 22.31 percent, which market observers attributed to lower contributions from non-Apple Inc customers.
The company’s 20-megapixel lenses and other high-end models, which command higher prices, last month accounted for 20 to 30 percent of total sales, while its 10-megapixel lenses made up 50 to 60 percent and 8-megapixel lenses 10 to 20 percent, Largan said.
Photo: Chen Mei-ying, Taipei Times
Third-quarter revenue was NT$14.79 billion, an increase of 17 percent quarter-on-quarter, but a 20 percent decline year-on-year.
In the first three quarters of this year, cumulative revenue fell 4 percent to NT$40.65 billion, company data showed.
Separately, Hon Hai Precision Industry Co (鴻海) reported revenue of NT$466.36 billion for last month, up 10.9 percent monthly, but down 20.66 percent annually.
The company said its computer products division was the best-performing unit last month, followed by cloud computing and network products, and component and consumer electronics divisions.
Third-quarter sales rose 14.3 percent sequentially, but fell 6.8 percent annually to NT$1.29 trillion, company data showed.
Revenue in the first nine months totaled NT$3.35 trillion, down 7 percent from a year earlier.
Hon Hai is a major assembler of Apple’s iPhones. The US company typically releases its new iPhones in September, but delayed this year’s new handset launch to Tuesday next week, the tech Web site Apple Insider reported.
Largan shares dropped 1.93 percent to close at NT$3,295, while Hon Hai shares rose 0.39 percent to NT$77.7 in Taipei trading yesterday.
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. Grab, which is listed on the NASDAQ, said in the filing that US-based Uber Technologies Inc holds about 13 percent of
Taiwan is open to joining a global liquefied natural gas (LNG) program if one is created, but on the condition that countries provide delivery even in a scenario where there is a conflict with China, an energy department official said yesterday. While Taiwan’s priority is to have enough LNG at home, the nation is open to exploring potential strategic reserves in other countries such as Japan or South Korea, Energy Administration Deputy Director-General Chen Chung-hsien (陳崇憲) said. While the LNG market does not have a global reserve for emergencies like that of oil, the concept has been raised a few times —
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday received government approval to deploy its advanced 3-nanometer (3nm) process at its second fab currently under construction in Japan, the Ministry of Economic Affairs said in a news release. The ministry green-lit the plan for the facility in Kumamoto, which is scheduled to start installing equipment and come online in 2028 with a monthly production capacity of 15,000 12-inch wafers, the ministry said. The Department of Investment Review in June 2024 authorized a US$5.26 billion investment for the facility, slated to manufacture 6- to 12nm chips, significantly less advanced than 3nm process. At a meeting with
RSS