According to the latest report, Largan’s November consolidated revenue was NT$4.352 billion approximately RMB 1.01 billion, an increase of 4% from the previous month, which was a 10-month high. Largan said that it expects that the momentum for pulling goods in December will not be lower than that in November.
Moreover, that Largan’s November revenue fell by 17% year-on-year, and the cumulative consolidated revenue for the first November of this year was NT$42.463 billion (approximately RMB 9.766 billion ), a decrease of 17% from the same period last year.
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Furthermore, Largan is the main supplier of Apple’s new iPhone 13 lens. Although there is an incentive to ship new phones, the shipment specifications are mostly the existing 6P and 7P designs, and the supply chain is dragged down by the lack of materials.
Largan CEO Lin Enping recently stated that the introduction of some high-end mobile phone lenses was postponed to next year due to problems in the supply chain and lack of AP (application processor), thus suppressing revenue growth momentum.
However, Lin Enping said that next year the sensor specifications will be upgraded from the current 108MP and 144MP to more than 200MP, and the lens specifications will also be upgraded accordingly.
