Largan Precision Co (大立光), the nation’s leading handset camera lens maker, on Saturday reported a 28.87 percent year-on-year increase in consolidated revenue for the first quarter of this year to NT$14.58 billion (US$44.06 million).
The figure surpassed market expectations, with Capital Investment Management Corp (群益投顧) forecasting NT$14.3 billion and SinoPac Securities Investment Service Corp (永豐投顧) projecting NT$13.77 billion.
However, the figure still fell 19.4 percent from the previous quarter’s NT$18.21 billion as the industry entered its slow season, analysts said.
Photo: David Chang, EPA-EFE
Largan, a technology leader in the high-end smartphone camera lens market, reported earnings per share of NT$194.17 last year, the highest since 2019, driven by trends such as higher camera resolution migration, and growing adoption of periscope and telephoto lenses.
Beyond smartphones, the Taichung-based company has also tapped into new sectors, including the humanoid service robot market, where it has begun sending plastic lens samples to several customers.
Largan has also begun designing camera lenses for robotic arms used in factory automation, executive officer Adam Lin (林恩平) said at an earnings conference on Jan. 9.
The company said that revenue for this month would be lower than last month’s NT$4.89 billion due to seasonal factors.
Largan is to hold an earnings conference on Thursday to release its financial results for the last quarter and provide sales guidance for this quarter. The company is also expected to shed light on lens technology trends for foldable phones, slimmer handsets and artificial intelligence-powered devices.
The market is also expected to focus on the company’s plans for production capacity strategy and its response to the newly imposed tariffs by US President Donald Trump.
As a key supplier to Apple Inc, Largan has been drawn into broader concerns about potential supply chain disruptions.
Apple last week saw the largest two-day loss in shareholder value on record following Trump’s tariff announcement, amid fears about supply chain disruption and the impact on its profit outlook.
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