eseoulpost
InternationalTaiwan
Largan January sales rebound month-on-month
min  |  min
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
승인 2019.02.06  
트위터 페이스북 미투데이 요즘 네이버 구글 msn
   

Taipei, Feb. 5 (CNA) Largan Precision Co., a Taiwan-based supplier of smartphone camera lenses to Apple Inc., reported Tuesday that its sales in January bounced back slightly from a month earlier.

In a statement, Largan said it posted consolidated sales of NT$3.35 billion (US$109 million) in January, up 4 percent from a month earlier.

The latest sales report beat the company's sales guidance, which expected January revenue to stay little changed from a month earlier.

The January sales represented a mild rebound from December, when Largan's revenue plunged 19.49 percent from November at a time of disappointing sales of the latest iPhones, unveiled in September 2018.

But they were still down 5 percent from January 2018, after sales fell 33.86 percent year-on-year in December, according to the company's figures.

During the month, 20 megapixel camera lenses or more advanced models, which command a higher profit margin, made up 20-30 percent of Largan's total sales, 10 megapixel lenses represented 50-60 percent, and 8 megapixel lenses accounted for 10-20 percent, Largan said.

Largan CEO Adam Lin  said at an investor conference in mid-January that the company's sales in February could fall from January because of fewer working days due to the nine-day Lunar New Year holiday, which ends Sunday.

A U.S.-based brokerage said in a recent research note that Largan's sales are expected to stage a rebound in March as Chinese and South Korean smartphone brands prepare to launch new models in the second quarter.

The American brokerage said Largan's sales for the second quarter could rise 26 percent from the first quarter, when the company's revenue is forecast to fall 24 percent from a quarter earlier.

An Asian brokerage cautioned, however, that Largan is still faced with escalating competition from Chinese rivals, in particular Shenzhen O-Film Tech Co., which could trigger a price war on the back of rising supply.

While demand for iPhones appears disappointing at present, Largan said it remains upbeat about its business over the longer term.

The company spent almost NT$3 billion in late January to buy two lots of land in two industrial parks in Taichung to build new plants to expand its production capacity.

Largan's consolidated sales in 2018 totaled NT$49.95 billion, down 5.98 percent from a year earlier, and its net profit was down 6.18 percent from a year earlier at NT$24.37 billion, translating to earnings per share of NT$181.68, down from NT$191.77 in 2017.

< 저작권자 © eseoulpost 무단전재 및 재배포금지 >
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
트위터 페이스북 미투데이 요즘 네이버 구글 msn 뒤로가기 위로가기
이 기사에 대한 댓글 이야기 (0)
자동등록방지용 코드를 입력하세요!   
확인
- 200자까지 쓰실 수 있습니다. (현재 0 byte / 최대 400byte)
- 욕설등 인신공격성 글은 삭제 합니다. [운영원칙]
이 기사에 대한 댓글 이야기 (0)
Most Read
1
Manal bint Mohammed: UAE is committed to supporting international gender balance efforts
2
S. Korea given green light to slap US$84.8 mil in retaliatory duties over US washer measures: WTO
3
9th edition of MEFMA CONFEX to be held in March
4
Meeting of 'Human Fraternity' heralds new era for religious dialogue, says Abdullah bin Zayed
5
Having women in leadership roles is "intrinsic" to the UAE, says Sarah Al Amiri
6
WGS 2019: Mental health issues can be prevented from becoming the next global health epidemic
7
Mohammed bin Rashid attends the launch of Dubai Airports’ new brand
8
Current situation in the Middle East 'unstable and worrying': Turki Al Faisal
9
WGS 2019: Digital divide a major issue for governments
10
UAE Press: A summit that helps shape future of world
Photo News Green Biz
Restoration of nature requires actions of many :Al Zeyoudi
Restoration of nature requires act...
min
Al Zeyoudi to head UAE delegation to upcoming Global Climate Action Summit in California
Al Zeyoudi to head UAE delegation ...
min
Plastic wastes from Korea legal: MisOr ecozone exec
Plastic wastes from Korea legal: M...
min
Spotlight on UAE's environmental efforts at Urban Sustainability Week
Spotlight on UAE's environmental e...
min
DEWA invites customers to take up Shams Dubai to generate onsite solar power
DEWA invites customers to take up ...
min
Photo News Sports
World Taekwondo Grand-Prix Final launched in Fujairah
World Taekwondo Grand-Prix Final l...
min
Koreas agree to formally inform IOC of intent to co-host 2032 Olympics
Koreas agree to formally inform IO...
min
Etisalat sponsors UAE Paralympics at Asian Para Games
Etisalat sponsors UAE Paralympics ...
min
Taichung to host first Asia-Pacific Youth Games in 2019: mayor
Taichung to host first Asia-Pacifi...
min
Asiad PHL gold winners come home
Asiad PHL gold winners come home
min
More history for Koreas in canoe; sport climber, hurdler grab gold medals
More history for Koreas in canoe; ...
min
Shooter wins Taiwan's 2nd gold at Asian Games (update)
Shooter wins Taiwan's 2nd gold at ...
min
Two taekwondo golds among 11 medals for S. Korea on Day 1
Two taekwondo golds among 11 medal...
min
Photo News World
World Taekwondo Grand-Prix Final launched in Fujairah
World Taekwondo Grand-Prix Final l...
min
Koreas agree to formally inform IOC of intent to co-host 2032 Olympics
Koreas agree to formally inform IO...
min
Etisalat sponsors UAE Paralympics at Asian Para Games
Etisalat sponsors UAE Paralympics ...
min
Taichung to host first Asia-Pacific Youth Games in 2019: mayor
Taichung to host first Asia-Pacifi...
min
Asiad PHL gold winners come home
Asiad PHL gold winners come home
min
More history for Koreas in canoe; sport climber, hurdler grab gold medals
More history for Koreas in canoe; ...
min
Shooter wins Taiwan's 2nd gold at Asian Games (update)
Shooter wins Taiwan's 2nd gold at ...
min
Two taekwondo golds among 11 medals for S. Korea on Day 1
Two taekwondo golds among 11 medal...
min
Photo News Opinion
President likely to reshuffle Cabinet after holiday
President likely to reshuffle Cabi...
min
Hyundai to invest 53 bln won in local car joint venture
Hyundai to invest 53 bln won in lo...
min
100 civil society groups in South Korea launch protest against the established Christian-political association
100 civil society groups in South ...
min
Moon's confidant gets 2-year prison term for opinion rigging
Moon's confidant gets 2-year priso...
min
Cabinet waives feasibility studies for 24.1 tln won worth of projects
Cabinet waives feasibility studies...
min
Fitch maintains 'AA-' sovereign rating for S. Korea
Fitch maintains 'AA-' sovereign ra...
min
BOK cuts S. Korea's growth forecast to 2.6 pct for 2019
BOK cuts S. Korea's growth forecas...
min
Former Supreme Court chief justice arrested in power abuse scandal
Former Supreme Court chief justice...
min
Newspaper AboutNews ReportAdvertiseComplaintsPrivacy PolicyJuvenile protectionRejection of E-mail Collection
Gangnam-gu, Teheran 52 street in Tehran Bldg, 616(Yeoksam-dong)  |  Main Phone: 02) 563-0604  |  Fax: 02) 538-5665
Chairman : jeong-woo Lee  |  Advisor : byung-il Min  |  Publisher: jae-mo Kah  |  Editors: il-hong Kim
Registration Number 1928 Seoul ah  |  eseoulpost.com / eseoulpost.net / Global Korea.,Ltd
Copyright © 2011 eseoulpost. All rights reserved. mail to jaemokah@daum.com , kih10kr@empas.com/ www.globalkorea.info
arabafrica.net / UAE Interract / Emirtes News Agency(WAM)/ http://wam.org.ae / www.uaeinteract.com