WASHINGTON: Smartphone-use lens module maker Largan Precision has reported consolidated revenues of NT$3.453 billion (US$112 million) for February, decreasing 9.22% on month but increasing 69.46% on year.
The sequential drop was mainly due to fewer working days arising from the 2017 Lunar New Year holidays in February. Of the February revenues, 10-megapixel and above lens modules accounted for 70-80%, 8-megapixel models 10-20% and 5-megapixel ones about 10%. Largan posted consolidated revenues of NT$7.224 billion for January-February, growing 37.20% on year. Largan is constructing a factory in central Taiwan, with production to begin in the second half of 2017.
