Largan's November revenue was 5.231 billion yuan, a single-month revenue hit a 24-month high.

(file photo)

[Reporter Ou Yuxiang/Report from Taipei] Largan Optical (3008), a leading optical lens manufacturer, announced yesterday that its November revenue was 5.231 billion yuan, a monthly increase of 1% and a yearly increase of 20%. The single-month revenue hit a new high in 24 months.

The cumulative revenue in the first 11 months was 43.711 billion yuan, an annual increase of 3%.

However, Largan said that customer demand weakened in December, and the kinetic energy of pulling goods was worse than that in November.

Largan entered the traditional peak season in the second half of the year. Benefited from the assistance of Apple's new iPhone, its revenue has been rising month by month since July. In September, it exceeded 5 billion yuan in a single month, and it has maintained a level of more than 5 billion yuan for several consecutive months.

However, due to the closure of Zhengzhou in China, which affected smartphone sales and supply chain production, Largan's customer demand weakened in December, and the momentum of purchases declined.

Please read on...

Lin Enping, CEO of Largan, said recently that the number of customers with variable apertures will increase in the first half of next year, and shipments of periscope lenses, 8P (8 plastic lenses), and VR (augmented reality) products will all increase.

The US-based foreign investment report predicts that Apple's new phone next year is expected to adopt a periscope lens, and Huawei's mobile phone shipments will increase. The demand for high-end mobile phone lenses will begin to grow in the second half of next year, which will benefit Largan's operations.

In addition, the development of Metaverse products is expected to become a new growth engine for the optical industry. A few days ago, Lin Enping said that the delivery of Pancake lenses for VR will start this year, but the shipments have just begun. The gross profit margin will not be very good, and the lens specifications are not high.

American foreign investors pointed out that Largan has already produced pancake lenses for HTC (2498), and is also expected to become a supplier of Apple MR (mixed reality) helmet devices in 2024. The future is very promising.

From the perspective of product proportion, Largan’s products with 10 million pixels accounted for 60% to 70% in November, products with 20 million pixels or more accounted for 10% to 20%, and products with 8 million pixels accounted for 0% to 10%. , other products accounted for 20% to 30%.

Grasp the pulse of the economy with one hand I subscribe to Free Finance Youtube channel

Already added friends, thank you

Welcome to 【Free Finance】

feel good

Already liked it, thank you.